$SHELL
USDT – Strong Bullish Breakout Holding 🔥
Current Price: $0.1910 (+15.55%)
24h Range: $0.1640 – $0.1942
Volume: $8.38M USDT (High liquidity for the move)
MA60: $0.1903 (price trading slightly above – bullish bias)
Market Insight:
SHELL has seen a sharp rally from $0.1640, breaking past the $0.1900 resistance and holding above the MA60. The strong 24h gain suggests active buying interest, but RSI is approaching overbought territory, meaning the next move will depend heavily on whether bulls can push through $0.1942 resistance.
Key Levels:
Support: $0.1900 / $0.1875
Resistance: $0.1942 → $0.1980
Indicators:
MACD: Bullish, momentum rising
RSI: Near 70 (watch for overbought signals)
Volume: Rising, confirming buying pressure
Bullish Setup:
Entry Zone: $0.1900 – $0.1915 (on dips)
TP1: $0.1942 (recent high)
TP2: $0.1980 (next breakout target)
Stop Loss: Below $0.1870
Bearish Risk:
A failure to hold $0.1900 could trigger a pullback toward $0.1850–$0.1820.