$SHELL SLIDES NEAR SUPPORT – CAN IT HOLD THIS LEVEL?
$SHELL/USDT is trading at $0.2235, down -8.96% on the day. After tumbling from its 24H high of $0.2540, the price has found temporary footing around the $0.2230 zone. Volume remains modest at 56.81K, suggesting indecision among traders.
Key Levels to Watch:
• Immediate Support: $0.2225 – $0.2230
• Resistance Zones: $0.2270, $0.2300, $0.2340
Trade Setup:
• Entry Zone: $0.2230 – $0.2245
• TP1: $0.2270
• TP2: $0.2300
• Final Target: $0.2340
• Stop-Loss: Below $0.2210
If buyers defend the $0.2230 area, a minor bounce is likely. However, any failure to hold this level may trigger further downside pressure.