$SHELL Here’s a more concise and trader-friendly summary of your SHELL/USDT analysis:
📊 SHELL/USDT – Daily Chart Outlook
Current Price: $0.1572 (~Rs. 44.58 PKR)
24h Change: -7.42%
24h Range: $0.1526 – $0.1807
Volume (24h): 81.05M SHELL / 13.57M USDT
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🔹 Technical Snapshot
EMAs (9, 20, 50): All around $0.164 and above the current price → Bearish bias
Stochastic RSI: 55.79, trending down & below its MA → Momentum weakening
MACD: Weak bullish crossover, but very small values → Low conviction
Volume: Recent heavy red bar → Strong selling pressure
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🔹 Price Action
Recent rally to $0.2173, followed by sharp pullback.
Support: $0.1526 (24h low), then $0.1324.
Resistance: $0.164 zone (EMA cluster).
Long upper wicks on recent candles → sellers dominating higher levels.
📈 Summary & Levels to Watch
SHELL is in a short-term downtrend, trading under key EMAs with fading bullish momentum. The MACD’s weak crossover is outweighed by selling volume and declining Stoch RSI.
Bearish scenario: Break below $0.1526 could target $0.145–$0.132.
Bullish recovery: Needs a daily close above $0.164 to shift momentum.
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