$SHELL 4 Hour Chart Analysis

"The shell-breaking phase may have just begun - are you ready for the next layer?" 🐚⚡

🎯 Targets:

Target 1: $0.185 🔥🚀$SHELL

Local resistance area from the top range of May. First station for traders relying on momentum.

Target 2: $0.220 🧭🏹

Major supply area where several failed highs occurred in May-June. Needs strong volume to break through.

Target 3: $0.280 🎯🔮🏔️

Significant resistance level from the March collapse. Also a psychological and historical barrier.

🛡️ Support Area:

$0.145 – $0.150 🛡️⚙️

Previous resistance turned into support. In line with MA200 and local base. Crucial for trend continuation.

⚙️ Technical Summary:

Current price: $0.1671

MA20: $0.1616

MA50: $0.1476

MA200: $XRP