I’ve been watching $SHELL closely and honestly this chart is getting interesting. After an explosive move toward $0.05163, buyers lost momentum and the price entered a clear short-term correction. But something caught my attention: SHELL found support around $0.03165 and is now trying to build a base near $0.03480.

The important thing here is that the market is no longer moving vertically. Price is consolidating, and the next move could bring a fresh opportunity if buyers step back in.

My trading plan:

Entry Zone: $0.03350 – $0.03450

TP1: $0.03600

TP2: $0.03800

TP3: $0.04000

Stop Loss: $0.03140

My confirmation level is $0.03505. A strong 5-minute candle close above this resistance, followed by a successful retest, could strengthen the bullish setup.

Pro Tip: SHELL has already gained significantly, so I wouldn't chase green candles. Watch volume, protect your capital, and consider taking partial profits at each target.

If $0.03165 breaks, the bullish setup becomes weaker and further downside is possible.

I'm watching the next breakout carefully. Sometimes the best opportunity comes after the excitement settles down.

What's your view: Can SHELL reclaim $0.040, or will sellers push it lower first?

$SHELL
$LAB