Anasta Maverick
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Bearish
$SHELL USDT โ Heavy Sell-Off, But Rebound Possible!
$SHELL USDT is trading at $0.4742, suffering a steep 24.02% decline in the last 24 hours. The price hit a low of $0.4625 before stabilizing slightly.
Key Levels to Watch
Resistance: $0.4972 โ A break above this could push SHELL to $0.5167 and $0.5514.
Support: $0.4625 โ If lost, expect further downside to $0.4500 and $0.4280.
Trade Setup
Long Entry: Above $0.4972, targeting $0.5167 and $0.5514.
Short Entry: Below $0.4625, with targets at $0.4500 and $0.4280.
Stop-Loss: $0.4550 to limit risk.
Market Insight
MACD Shows Deep Bearish Momentum: A reversal is needed for a sustained recovery.
Order Book Dominated by Sellers (74% Sell Pressure): Bulls need volume to regain control.
Traders should exercise cautionโconfirmation at key levels is crucial.
#SHELL
$SHELL USDT is trading at $0.4742, suffering a steep 24.02% decline in the last 24 hours. The price hit a low of $0.4625 before stabilizing slightly.
Key Levels to Watch
Resistance: $0.4972 โ A break above this could push SHELL to $0.5167 and $0.5514.
Support: $0.4625 โ If lost, expect further downside to $0.4500 and $0.4280.
Trade Setup
Long Entry: Above $0.4972, targeting $0.5167 and $0.5514.
Short Entry: Below $0.4625, with targets at $0.4500 and $0.4280.
Stop-Loss: $0.4550 to limit risk.
Market Insight
MACD Shows Deep Bearish Momentum: A reversal is needed for a sustained recovery.
Order Book Dominated by Sellers (74% Sell Pressure): Bulls need volume to regain control.
Traders should exercise cautionโconfirmation at key levels is crucial.
#SHELL
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