SHELLUSDT Forming Falling Wedge#SHELL
UPDATE
SHELL Technical Setup
Pattern : Bullish Falling Wedge Pattern
Current Price: $0.1407
Target Price: $0.2800
Target % Gain: 95.50%
Technical Analysis: SHELL is trading in a bullish falling wedge on the daily timeframe and is testing trendline resistance. A breakout above $0.16 would confirm strong upside momentum toward $0.28, supported by accumulation and wedge structure.
Time Frame: 1D
Risk Management Tip: Always use proper risk management.
SHELLBTC
SHELLUSDT Forming Falling WedgeSHELLUSDT is showing a strong technical setup with the formation of a falling wedge pattern, which is historically considered a bullish reversal signal. The price has been consolidating within the wedge while maintaining steady volume, suggesting accumulation and growing investor interest. Once the breakout is confirmed, momentum could drive prices sharply higher.
The falling wedge structure indicates that sellers are losing strength while buyers are gradually stepping in. With the volume profile supporting this move, a breakout above the resistance line could spark a rally and attract more traders into the market. This setup is further strengthened by investors’ positive sentiment around the project, fueling expectations of strong upside potential.
With a projected gain of 90% to 100%+, SHELLUSDT presents a promising opportunity for both short-term traders and long-term investors. If bullish momentum continues, the breakout could trigger significant price appreciation and establish new higher levels of support in the coming sessions.
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