Buyers have reclaimed control after a massive 73% surge in $SHELL price, pushing it above the 1H EMA-20 at $0.0306. The strong buying momentum, evidenced by the RSI reading of 61.8, puts the coin on the path to challenge the $0.0516 resistance. Should demand at the $0.0194 support level hold, this bullish setup could materialize.
Keep a close eye on the 1H chart as $SHELL navigates this critical resistance level. Will buyers maintain their dominance, driving the price higher? Or will sellers step in, potentially reversing the trend? Stay alert for any price action clues that could reveal the answer.
$SHELL $ETH $BNB #SHELL #Write2Earn #BinanceSquare
Keep a close eye on the 1H chart as $SHELL navigates this critical resistance level. Will buyers maintain their dominance, driving the price higher? Or will sellers step in, potentially reversing the trend? Stay alert for any price action clues that could reveal the answer.
$SHELL $ETH $BNB #SHELL #Write2Earn #BinanceSquare
