$SHELL saw a heavy long liquidation near 0.04556, reflecting crowded long positioning in a low-liquidity environment. The flush reset short-term momentum and removed weak hands. If price stabilizes above the liquidation base, a technical bounce can develop. Loss of support keeps deeper consolidation in play.
EP: 0.0448 – 0.0458
TP: 0.0488 / 0.0535
SL: 0.0436
Leverage cleared, patience required.
SHELLUSDT
Perp
0.04411
-4.21%