$SHELL is currently trading at $0.02330. I believe the downside scenario remains dominant on the daily chart.
Following the recovery toward $0.02777, price has turned lower again. A break below $0.02249 could bring $0.01997 into focus, followed by the previous low around $0.01740.
My approach is not to rush. If the price moves lower, I’m considering potential buying opportunities. However, my decision will depend on how price behaves rather than simply assuming the decline will continue.
For now, I’m more interested in finding a better entry than chasing the upward move.
I see the $3 region as a significant resistance area on the chart. But to me, this level represents more than just a technical barrier. It is a mirror that will reveal PENDLE's true position in the market.
When price approaches $3 again, what matters most will be the nature of the reaction. There are two very different scenarios: rejection from this region or establishing acceptance above it.
Here is what really catches my attention: A strong acceptance above $3 could open the door to an entirely new price range for $PENDLE
After a long time, I stepped away from charts and numbers and gave my mind a break. Good friends, a fire, honest conversations and a peaceful atmosphere…
Sometimes what we need is not a new opportunity but a chance to quiet our minds and feel connected to life again.
This week reminded me of something else. Emotional connections can wear us down, yet sometimes they are exactly what we need the most.
We shouldn’t get so caught up in trying to control everything that we forget to actually live. The charts can wait for today. Life goes on.