$SHELL — Bullish Continuation Building Above Key Support
Long $SHELL
• Entry: $0.0310 – $0.0320
• Stop Loss: $0.0295
Targets:
• TP1: $0.0335
• TP2: $0.0365
• TP3: $0.0400
SHELL is forming a steady recovery structure on the 1H timeframe, with price printing higher lows after defending the $0.030 support zone. This structure suggests buyers are gradually regaining control as the market stabilizes following the recent pullback.
Momentum is building as price moves closer to the $0.033 resistance level, a key barrier that could trigger the next expansion phase if broken with volume. A clean breakout above this zone may open the path toward $0.0365 and $0.0400, where the next liquidity pockets are likely positioned.
The bullish thesis remains valid as long as price holds above the $0.030 support level, keeping upward pressure intact. Watch closely for increasing volume and strong candles near resistance, which could confirm continuation of the move.
Trade $SHELL here 👇🏻
