$SHELL/USDT – A bullish breakout is brewing 🚀🔥
Price just rebounded from the low of 0.1447, forming a strong green engulfing candlestick on the semi-annual chart—this isn't a dead cat bounce. Momentum is strong, with the Stochastic RSI breaking above 87, suggesting a potential for a sustained uptick.
{spot}(SHELLUSDT)
📌 Current Price: 0.1551
📈 Structure: Bottom Reversal, Breakout from Consolidation
🟡 Stochastic RSI: 89.29 – High Momentum
📊 Trade Setup (Long):
• Entry Range: 0.1530 to 0.1555
• TP1: 0.1635
• TP2: 0.1700
• TP3: 0.1785
• Stop Loss: 0.1475
⚠️ A close above 0.1555 in the first half of the day could ignite further upward momentum. A surge in volume confirms the entry of buyers. Focus on momentum on higher timeframes for a trend reversal.