$SHELL
๐๐ฐ SHELL/USDT Analysis:
The current market overview shows a bearish trend, with SHELL/USDT down 17.19% ๐. The 24h high and low are $0.5897 and $0.4625, respectively ๐.
Technical indicators:
๐น EMA(7) = 0.4812 (short-term resistance)
๐น EMA(25) = 0.5200 (key resistance)
Support and resistance levels:
๐น Support: $0.4625 (recent low), $0.4540 (historical support)
๐น Resistance: $0.5218 (EMA 25), $0.5897 (recent high)
Short-term prediction:
๐ค If SHELL holds above $0.46, it may test $0.50-$0.52 resistance โฌ๏ธ. If it drops below $0.46, further decline to $0.42-$0.40 is possible โฌ๏ธ.
Mid-term prediction:
๐ค Bullish case: Breaking above $0.52 could push SHELL towards $0.60-$0.65 โฌ๏ธ. Bearish case: If it fails to break resistance, it might consolidate between $0.40-$0.50 ๐.
What's your next move? Are you going to buy, sell, or hold SHELL/USDT? ๐ค๐ฐ