$SHELL 💥
has completed a clean breakout after a prolonged consolidation range, signaling a strong shift in market structure. The sharp impulsive move reflects aggressive buyer dominance, with price decisively reclaiming key resistance and turning it into support. This behavior often precedes continuation after brief pauses.
Key technical insights:
Breakout from accumulation range with strong momentum
Large bullish expansion candle confirming demand
Resistance flipped into support zone
Momentum structure favors continuation toward higher levels
Targets: TP1: 0.0585
TP2: 0.0620
TP3: 0.0665
Stop Loss: SL: 0.0490
Risk Management: Risk only 1–2% of total capital per trade. Avoid FOMO entries after large candles; wait for pullbacks or consolidation. Lock profits progressively and trail stop loss to protect gains.