Market Analysis & Trading Signal for $SHELL /USDT
Current Price: $0.2886 (-7.82%)
24H High: $0.3149
24H Low: $0.2679
24H Volume: 65.71M SHELL / 19.00M USDT
SHELL/USDT has experienced a significant drop of -7.82% in the last 24 hours, showing a downward trend. However, there is some short-term recovery with a +0.21% bounce at $0.2888.
Market Insights:
Price recently hit a 24H low of $0.2679, indicating strong support at this level.
Resistance is observed around $0.2900 - $0.3050, where sellers might be active.
If price breaks above $0.2900, we could see further recovery towards $0.2950 - $0.3000.
A breakdown below $0.2850 could lead to more downside towards $0.2750 - $0.2700.
Trading Signal:
✅ Buy Zone: $0.2750 - $0.2850
🎯 Target: $0.2950 - $0.3050
❌ Stop Loss: $0.2690
🔹 Risk Level: Moderate
🔹 Trend: Short-term recovery, but still in a bearish zone.
📢 Trade wisely! Set stop-loss & manage risk properly.
