📊 Current Price Performance:$SHELL
Current Price: $0.1650
Change (24h): +2.80% (upward movement)
24h High: $0.1658
24h Low: $0.1529
Volume (SHELL): 6.99M
Volume (USDT): 1.11M
This shows that SHELL is experiencing a bullish recovery, bouncing from a low of $0.1529 and approaching its 24h high.
🕒 Timeframe: 1 Hour (1H)
The candlestick chart shows price action over the 1-hour timeframe:
A clear uptrend began near $0.1364 on July 10 and peaked at $0.1778.
After reaching this top, price retraced and consolidated.
Now, the price is climbing again, breaking resistance near $0.1610 and heading toward the $0.1658 zone.
🔍 Technical Indicators
🟢 Moving Averages
MA(5): 300,624.8
MA(10): 236,278.3
These are short-term moving averages, indicating positive momentum as MA(5) is above MA(10), often interpreted as a bullish crossover.
🟩 Volume
Recent candles show increased green volume bars, suggesting buying pressure is returning after a period of decline.
High volume near $0.1778 (previous peak) could act as resistance.
📈 Performance Overview
Today: +3.64%
7 Days: +24.25% ✅
30 Days: +7.84%
90 Days: +25.57%
SHELL has been performing very well in the past week and quarter — especially +24% in 7 days, showing strong market interest and bullish trend.
🧭 Key Zones to Watch
Immediate Resistance: ~$0.1658 (24h high). If broken, price could re-test $0.1778 (recent peak).
Support Zone: ~$0.1529 (24h low) and $0.1610 (recent breakout level).
Breakout Confirmation: A close above $0.1658 with high volume could lead to a retest of $0.170–$0.178.
Invalidation Point: Drop below $0.1520 might signal breakdown and bearish reversal.
📌 Conclusion & Strategy
Trend: Bullish momentum is returning after a healthy correction.
Outlook: Positive short-term, especially if it holds above $0.1610.
Trade Signal (Long Bias):
Entry: $0.1630–$0.1650 range (on pullback or breakout)
Targets:
TP1: $0.1700
TP2: $0.1778
TP3: $0.1850
Stop Loss: Below $0.1520
