$SHELL – STRONG BOUNCE FROM DEMAND ZONE – LONG TRADE SIGNAL
After a clean sweep of the $0.1828 low, $SHELL is showing signs of buyer absorption at support. The price printed a reversal wick, indicating potential upside momentum as bears lose steam near the lower bound.
Trade Setup:
• Long Entry: $0.1835 – $0.1850
• Take Profit Targets:
• TP1: $0.1900
• TP2: $0.1960
• Stop Loss: $0.1805
Market Outlook:
While broader market weakness remains, $SHELL is attempting a local reversal with increasing volume on recovery candles. A close above $0.1857 could confirm a near-term trend shift.
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