$SHELL The momentum of SHELL on Binance currently shows some weak signals, as the price is trading at $0.05773, with an increase of 4.33% in the last 24 hours.
*Factors Influencing:*
- *Selling Pressure*: Continued selling pressure on $SHELL .
- *Technical Indicators*: Indicate weak momentum, with RSI at 47-48 and MACD in the negative zone.
- *Strong Support*: SHELL is holding around the level of $0.55-0.57.
*Technical Analysis:*
- *RSI*: Around 47-48, indicating weak momentum.
- *MACD*: Shows a bearish crossover, reinforcing the downward trend.
*Future Predictions:*
- If the current momentum continues, the price of SHELL may reach higher levels, such as $0.70-0.75.
- If SHELL loses the support level, it may drop to lower levels, such as $0.50-0.55.
Remember that the cryptocurrency market is volatile, so you should do your own research and consult a qualified financial advisor before making any investment decisions. ¹ ²
