#SHELLonBinanc SHELL/USDT: Potential Rebound Trade Setup

SHELL/USDT is currently trading at 0.3569, down 24.23%, with a 24H high of 0.4712 and a 24H low of 0.3371. The price has stabilized after hitting its daily low, showing signs of consolidation with potential for a bounce.

Resistance: 0.3769

Support: 0.3371

Entry for Trade: 0.3550 - 0.3600 (Look for price stability before entering)

Take Profit Levels:

TP1: 0.3700

TP2: 0.3850

TP3: 0.4000

Stop Loss (SL): 0.3400 (Below key support to minimize downside risk)

Trade Strategy:

If the price holds above 0.3500, it may attempt a move toward 0.4000. Watch for increased buying volume and bullish candlestick formations for confirmation. If the price breaks 0.3371, reconsider the trade, as further downside could occur.

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