shellIt's a good currency (just kidding) 😅🙈 But I'll buy it and let it come to the blue line. If it reaches that, of course.
SHELLUSDT
SHELL/USDT – Strong Uptrend AnalysisSHELL/USDT – Strong Uptrend Analysis
SHELL/USDT is currently in a strong uptrend, demonstrating sustained bullish momentum. The price has been making higher highs and higher lows, indicating continued strength. Based on the current market structure, I anticipate that the price will continue its upward movement in the near term.
However, potential resistance levels could emerge at the mid-point of the channel or near the upper boundary, where selling pressure might increase. Traders should closely monitor these levels for potential reactions.
As always, this is not financial advice. Conduct your own research (DYOR) and manage risk accordingly.
#SHELLUSDT – Bullish Scenario, Expecting a Breakout📈 LONG BYBIT:SHELLUSDT.P from $0.7000
🛡 Stop Loss: $0.6671
⏱ 1H Timeframe
⚡ Trade Plan:
✅ The BYBIT:SHELLUSDT.P price is showing strong momentum after breaking out of a consolidation zone.
✅ The asset has broken above $0.6957 and is holding above this level, signaling a potential continuation of the uptrend.
✅ Increasing volume confirms buyer activity.
🎯 TP Targets:
💎 TP 1: $0.7350
🔥 TP 2: $0.7700
📢 Holding above $0.7000 would confirm further bullish movement.
📢 POC at $0.4671 is far below the current price, indicating a trend shift.
📢 Increasing volume supports the bullish case.
📢 Securing partial profits at TP1 ($0.7350) is a smart risk-management strategy.
🚀 BYBIT:SHELLUSDT.P remains in an uptrend – monitoring for continuation and securing profits at TP levels!
