📈 $SHELL /USDT (4H) Technical Outlook
🟩 Bias: Bullish
🎯 Long Setup Idea:
Entry Zone: 0.2220 – 0.2240
TP1: 0.2300
TP2: 0.2350
SL: 0.2150
---
📈 $SHELL /USDT (4H) Technical Outlook
Current Price: $0.2238 (+5.87%)
📊 Indicators Analysis:
RSI (6): 64.32 → Strong upward momentum, approaching overbought zone
MACD: Confirmed bullish crossover with growing histogram bars
Volume: Recent spike indicates strong buying pressure
📉 Market Structure: Price has successfully bounced off the 0.1921 low and reclaimed the mid-Bollinger Band (MB: 0.2124), which signals a trend reversal in favor of bulls.
📌 Summary: SHELL is currently showing strong recovery signs on the 4H timeframe. Holding above 0.2210 would favor continuation to upper targets. Monitor volume and RSI closely for strength validation.
---
🧠 Tip: Always secure your profits on the way up and stick to your trading plan.
📌 DYOR (Do Your Own Research)
