$SHELL is showing a strong bullish reversal on the intraday chart. After a deep pullback, price formed a clear base around 0.047–0.048 and pushed up aggressively, indicating strong buyer absorption and momentum shift.
The vertical impulse candle followed by acceptance above 0.054–0.055 shows bulls are in control. As long as price holds above the 0.0529 support, continuation remains the higher-probability move rather than a full retrace.
Trade Setup (Long):
Entry Zone: 0.0535 – 0.0548
Stop Loss: 0.0519
Targets:
TP1: 0.0563
TP2: 0.0580
TP3: 0.0605
Click here to trade $SHELL
SHELL
0.0443
-3.48%