$SHELL is showing a strong bullish reversal after a deep pullback on the 1H chart. After rejecting lower prices around the 0.047–0.048 demand zone, price formed a base and then printed a sharp impulsive breakout, signaling aggressive buyer entry. The reclaim of 0.055+ confirms momentum has flipped back in favor of bulls.

The current structure suggests this move is not random — it’s a liquidity sweep + expansion. As long as price holds above the reclaimed support zone, continuation remains the higher-probability outcome.

Trade Setup (Long):

Entry Zone: 0.0555 – 0.0570

Stop Loss: 0.0525

Targets:

TP1: 0.0595

TP2: 0.0630

TP3: 0.0680

Trend bias remains bullish while above 0.053. Avoid FOMO entries after large green candles — best entries come on controlled pullbacks into support.

SHELLUSDT

Perp

0.02792

-6.24%