$SHELL is turning into a long for me.
The crowd is still anchored to the March market-maker mess, but the chart is no longer reacting like a coin in freefall. 4H is defending the post-pullback base above the 200 MA zone, and 15m is rebuilding above local support. When bad news stops pushing price lower, that’s usually the first tell.
Bias: Long
Entry: 0.0311–0.0315
SL: 0.0306
TP1: 0.0324
TP2: 0.0333
TP3: 0.0352
Binance already confirmed the market-maker offboarding and user-compensation proceeds, so the “dirty narrative” is not hidden anymore. Add a live SHELLUSDT perp and prior Binance distribution/liquidity, and this becomes the kind of hated setup that can rip harder than people expect once sellers dry up.