Is $SHELL quietly setting up the next big move off the charts?
Current price is holding at 0.03187, posting a strong 17.30 percent gain over the last 24 hours. The structure shows clear bullish momentum as price trades comfortably above the rising EMA20 at 0.02675 and EMA50 at 0.02436.
The technical score sits at a solid 77, and the RSI at 60.64 shows healthy upward momentum without entering extreme overextended territory. However, the MACD line sits just below the signal line, meaning traders should watch for a potential crossover
confirmation before assuming continuation.
The main level to watch overhead sits at the major resistance of 0.05163. If momentum sustains, a push toward that ceiling could unfold, though failure to hold ground risks a retest toward support down at 0.01859.
Manage your risk carefully as market conditions shift.
Are you positioning ahead of this resistance test or waiting for a confirmed break?
#SHELL #CryptoTrading #TechnicalAnalysis
Follow me for more update 📈
Current price is holding at 0.03187, posting a strong 17.30 percent gain over the last 24 hours. The structure shows clear bullish momentum as price trades comfortably above the rising EMA20 at 0.02675 and EMA50 at 0.02436.
The technical score sits at a solid 77, and the RSI at 60.64 shows healthy upward momentum without entering extreme overextended territory. However, the MACD line sits just below the signal line, meaning traders should watch for a potential crossover
confirmation before assuming continuation.
The main level to watch overhead sits at the major resistance of 0.05163. If momentum sustains, a push toward that ceiling could unfold, though failure to hold ground risks a retest toward support down at 0.01859.
Manage your risk carefully as market conditions shift.
Are you positioning ahead of this resistance test or waiting for a confirmed break?
#SHELL #CryptoTrading #TechnicalAnalysis
Follow me for more update 📈
