$SHELL / USDT – Bullish Momentum Building, Testing Key Resistance

$SHELL is currently trading at $0.2658, showing a strong upward trend and approaching the 24-hour high of $0.2800. The price action suggests increasing buying pressure and a potential breakout attempt.

Trade Setup (Watching for Breakout):

Potential Support Zone: $0.2600 - $0.2630

Key Resistance: $0.2780 - $0.2800

Bullish Scenario:

Entry (Long): Break above $0.2800 with significant volume

Target 1: $0.2850

Target 2: $0.2900+

Stop Loss (Long): Below $0.2580

Bearish Scenario:

Entry (Short): Rejection at $0.2800 with increasing selling volume, break below $0.2600

Target 1: $0.2550

Target 2: $0.2500

Stop Loss (Short): Above $0.2820

SHELL/USDT is showing promising bullish momentum. Keep a close eye on the $0.2780 - $0.2800 resistance zone. A strong break above this level could lead to further upside. Conversely, a rejection at this point could lead to a pullback. Monitor volume for confirmation of either scenario.

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