Latest $SHELL /USDT Trading Data

Current Price: $0.2937 (-0.71%)

24h High/Low: $0.3003 / $0.2813

24h Volume:

SHELL: 16.70M

USDT: 4.85M

Moving Averages (MA):

MA(7): 0.2939

MA(25): 0.2884

MA(99): 0.2893

Analysis & Trading Insights

Price is slightly down (-0.71%), indicating mild bearish movement.

Support Level: $0.2813 (24h low)

Resistance Level: $0.3003 (24h high)

Short-term trend is neutral to slightly bullish, as MA(7) is above MA(25) and near MA(99).

Potential Trading Strategies

1. Breakout Strategy

If price breaks above $0.2950, it could move toward $0.2980 - $0.3000.

Entry: Buy if price holds above $0.2960 with strong volume.

Stop-Loss: Set at $0.2900.

2. Dip Buying Opportunity

If price dips toward $0.2830 - $0.2810, it could be a buying opportunity.

Entry: Buy near $0.2825 with a stop-loss at $0.2790.

3. Range Trading Strategy

If price consolidates between $0.2810 - $0.3000, trade the range by buying near support and selling near resistance.

Would you like a technical indicator analysis (RSI, MACD, Bollinger Bands) for additional insights?

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