Bulls Are Back! Resistance Broken, Eyes on $0.20+ for $SHELL
SHELL/USDT has just shown a strong bullish breakout, surging past key resistance levels. With an impressive 5.96% jump, the price is now standing at $0.1778, just below the previous high of $0.1891. This momentum indicates that the bulls are taking charge once again!
After bouncing from $0.1640, the recent rally has set the stage for further upward movement, with $0.20+ now within reach. The next target is likely to push towards that $0.1891 level, and if that breaks, the price could potentially see a fresh high.
Traders should keep an eye on this move and stay alert for possible pullbacks or continuation to higher levels. As the price moves up, $0.20 remains a crucial target for short-term traders.
Strategy: Keep monitoring for any pullbacks that hold above $0.1640 for potential long entries. The market sentiment is bullish, and momentum is currently strong.
Key levels to watch:
Support: $0.1640
Resistance: $0.1891 (next target)
Watch for: Breaks above $0.1891 leading to a move towards $0.20+
It's an exciting time for SHELL traders! Keep your eyes on the chart and act fast ..