$SHELL – Attempting Intraday Recovery🚀
$SHELL is trading at $0.1675, down 8.87% in the past 24h after hitting a low of $0.1642. Price has rebounded from that low and is now trading above EMA(7) at $0.1667, testing EMA(25) at $0.1684.
RSI(6) at 59 shows growing short-term buying momentum, but EMA(99) at $0.1738 remains the main resistance.
📊Market Pulse📊
24h volume 44.24M SHELL — strong activity during the sell-off and early rebound. A clean break above $0.1685 would signal potential intraday bullish continuation.
🟢Possible Trade Plan-Scalp Long Setup🔴
⚡Entry $0.1670 – $0.1682 if price holds above EMA(25)
🔴Stop loss below $0.1658
🟢First target $0.1715
🟢Main target $0.1738
Risk Tip📊
This is a countertrend bounce inside a broader downtrend. Keep risk low (max 1–2%), take partial profits at the first target, and move stop to breakeven if momentum continues.
Not financial advice — just my chart view