$SHELL /USDT BULLISH BREAKOUT IMMINENT

Current Price: $0.1687 (+11.87%)

SHELL/USDT is showing strong bullish momentum with increasing volume, indicating the potential for a breakout above key resistance levels. Let’s break it down:

TECHNICAL ANALYSIS

Timeframe: 1H

Key Resistance Levels:

🔹 $0.1740 – Immediate resistance

🔹 $0.1760 – Breakout confirmation zone

Key Support Levels:

🔻 $0.1640 – First support

🔻 $0.1600 – Strong demand zone

Price recently bounced from the low of $0.1481 and is now consolidating near $0.1687, suggesting accumulation before a possible upward move.

TRADE SETUP – LONG ENTRY

Entry: $0.1690 – on minor confirmation

Target 1: $0.1740

Target 2: $0.1760

Stop Loss: $0.1640

Risk-Reward Ratio: ~2:1

Trade with confirmation above $0.1690 and volume backing.

RISK MANAGEMENT

Never risk more than 1-2% of your capital per trade.

Adjust position size according to your SL distance.

Stick to your plan and always use a stop loss.

SHELL/USDT is gearing up for a bullish run – stay sharp, trade smart! #BTCBreaksATH #ShariaEarn #TrendTradingStrategy #BinanceHODLerLA #Write2Earn $SHELL