$SHELL /USDT – Bearish Consolidation Near Support Zone

Momentum Analysis: SHELL/USDT has shown a decline of -9.38% in the past 24 hours, with price fluctuating between $0.4484 and $0.5040. The pair appears to be in a consolidation phase, with the price approaching key support levels around $0.4484. There could be potential for further downside movement if the support breaks, or a rebound if the level holds.

Long Setup:

Entry Zone: $0.4500–$0.4520

Targets: T1: $0.4600, T2: $0.4718, T3: $0.4781

Stop Loss: $0.4450 (below recent lows)

Breakout Confirmation Level & Key Support:

Key Support: $0.4484

Breakout Level: $0.4594 (if price pushes above)

Pro Tip for Traders:

Monitor the price action closely near the $0.4484 support level for any signs of a reversal. If it breaks, expect further downside. If the level holds, a bounce toward $0.4600 and above could offer a solid trading opportunity.

Relevant Hashtags:

#SHELL #USDT #CryptoTrading #BearishConsolidation #CryptoSupport