$SHELL

Despite the sharp rejection at 0.3415 and the subsequent downtrend, the recent strong bounce from the 0.3055 level signals a potential reversal and the start of a new bullish uptrend. This suggests that buyers are stepping in and pushing the price higher, aiming to retest and potentially break through the previous resistance.

Traders should watch for a clear break above the current resistance level, which would confirm the continuation of the uptrend. With increased buying volume, the price could climb back towards the previous high and potentially establish new highs, indicating a strong bullish momentum.#SHELLonBinanc #bullish #uptrend