$SHELL — 4h Reclaim Play, Buyback Still Active
The $8M treasury buyback has absorbed ~$5.4M of SHELL off exchanges since March. Combined with 65% of supply still locked, every green candle runs into a structurally thin orderbook. 4h just reclaimed MA7/30/200 in one move with volume expansion — the 15m pullback to $0.035 is the entry, not the end.
AI-agent sector is rotating back into mindshare after Q1 bloodbath, and SHELL is one of the few survivors with real users (5M+) and active buyback pressure.
Bias: LONG
Entry: $0.0345 – $0.0352
SL: $0.0328 (below 15m demand + 4h MA30 reclaim fail)
TP1: $0.0371 (retest ATH of this leg)
TP2: $0.0395 (breakout extension)
TP3: $0.0440 (measured move + liquidity pocket)
R/R ~3.8 on TP2. Invalidation is clean — if $0.0328 breaks, thesis is dead.