#shellto1dollar Hot topic at the moment $SHELL The hype is increasing❗With strong momentum, pushing towards $1 on the horizon remains a major buying opportunity❗$SHELL /USDT shows signs of recovery - will the momentum continue❓#SHELL shows early signs of a reversal, but can it maintain the momentum❓$SHELL is trading at $0.3231, achieving 6.77% in the last 24 hours after rising from a low of $0.2913. The price briefly touched $0.3362 before facing resistance, indicating a potential shift in momentum.
Key levels to watch
Resistance: $0.3362 - a breakout above this may push towards $0.3500.
Support: $0.2913 - maintaining this level is crucial to prevent further declines.
Trading setup - potential scenarios
Long entry: above $0.3365, targeting $0.3500 and $0.3650.
Short entry: below $0.3100, with downward targets at $0.2950 and $0.2800.
Stop loss: $0.3050 to reduce risk exposure.
Market thoughts
MACD: Emerging bullish crossover, indicating potential upside.
Volume: Increasing buying pressure, indicating renewed interest.
Order book: 67.52% buyers vs. 32.48% sellers - bulls gaining control.
Traders should watch for confirmation before taking positions.