$SHELL Four Hour Momentum Enters Overbought Territory After Gains

$SHELL trades at 0.0402 USD, up 109.2% over the past 24 hours, with 4H RSI at 93.6 (overbought).

Price has moved higher over the past twenty-four hours, pushing the RSI on the four-hour chart into the overbought zone. Traders often monitor whether such elevated relative strength leads to consolidation or a brief pullback.

KEY LEVELS
▪️ Resistance: 0.0412 USD (20-candle 4H swing high)
▪️ Support: 0.0186 USD (20-candle 4H swing low)
▪️ EMA 20 / EMA 50: 0.0235 / 0.0220 USD (short-term trend filter)

WHAT WOULD CONFIRM CONTINUATION
▪️ RSI holding in the upper zone while price keeps printing higher 4H closes
▪️ Pullbacks holding above EMA 20 (0.0235 USD)

WHAT WOULD SIGNAL COOLING
▪️ A 4H close below EMA 20 (0.0235 USD)
▪️ RSI rolling over while price stalls below 0.0412 USD

Will current momentum hold, or do you anticipate consolidation from these overbought levels?

Not financial advice. Always DYOR.
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