Good afternoon, Binance family! 💞 $SHELL /USDT just skyrocketed by 61.45% shortly after launch, hitting $0.6484 and showing extreme buying pressure. Early entries are already deep in profit, but the key question remains: Will this rally continue, or is a correction incoming? Let’s break it down!
📊 Key Levels to Watch
🔺 Resistance: $0.6503 – A breakout above this level could send SHELL toward $0.70 and $0.75 in the next leg up. 🔻 Support: $0.60 – Holding above this zone is crucial for sustaining bullish momentum. A drop below could bring a retracement toward $0.55.
🎯 Trade Setup – Maximize Your Edge!
📈 Long Entry: Look for confirmation above $0.65, targeting $0.70, $0.75, and $0.80. 📉 Short Entry: Below $0.60, expect downside targets at $0.55 and $0.50. 🚨 Stop-Loss: $0.58 – Protect against trend reversal and limit downside risk.
📉 Market Insights – What’s Driving This Move?
✅ Parabolic SAR: Bullish trend confirmation. ✅ MACD: Strong upward momentum. ✅ Order Book Strength: Heavy buy-side pressure keeping SHELL pumped.
💡 Final Thought: If SHELL maintains momentum above $0.65, we could see an extended rally. However, failure to hold key supports may trigger a sell-off. Stay sharp, take profits wisely, and let’s ride this wave together.
#SHELL #CryptoSignals #Binance #Write2Earn! 🚀
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