Quick Signal – $SHELL/USDT (1D Chart)

Entry: $0.0600

Stop-Loss (SL): $0.0540

Targets (TP):

TP1: $0.0675

TP2: $0.0740

TP3: $0.0825

Risk-to-Reward Ratio: ~1:2.5

Setup Logic:

Price is attempting a short-term reversal after an extended downtrend, forming a potential base near $0.0370–$0.0540 support zone. The latest daily candle closed above the 7-day MA and is approaching the 25-day MA, indicating a possible mean-reversion or relief rally setup.

Probability Estimate: ~65% for initial bounce toward TP1 if momentum sustains above $0.0585.

Bias: Short-term bullish while above $0.0540.

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SHELL

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