$SHELL /USDT Rebounds, But Faces Overhead MA Resistance
SHELL is up +4.99% to $0.1516, bouncing from the 24h low of $0.1428 and holding above the MA(7) at $0.1496, suggesting short-term bullish momentum is returning. However, it now faces a significant resistance block between the MA(25) at $0.1679 and the MA(99) at $0.1764, which could cap upside unless volume surges.
A break above this zone would likely trigger upside toward $0.1788 → $0.2005 → $0.2173 → $0.2223. On the flip side, if SHELL gets rejected, watch for a retest of support near $0.1496 → $0.1428 → $0.1353.
Key Levels:
Support: $0.1496 → $0.1428 → $0.1353
Resistance: $0.1679 → $0.1764 → $0.2005 → $0.2223
Volume is decent at 17.72M SHELL, and MACD/RSI are likely recovering. For now, $0.1679–$0.1764 is the battle zone — a breakout here could shift mid-term trend bullish.