#SHELLUSDT โ Bullish Scenario, Expecting a Breakout๐ LONG BYBIT:SHELLUSDT.P from $0.7000
๐ก Stop Loss: $0.6671
โฑ 1H Timeframe
โก Trade Plan:
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The BYBIT:SHELLUSDT.P price is showing strong momentum after breaking out of a consolidation zone.
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The asset has broken above $0.6957 and is holding above this level, signaling a potential continuation of the uptrend.
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Increasing volume confirms buyer activity.
๐ฏ TP Targets:
๐ TP 1: $0.7350
๐ฅ TP 2: $0.7700
๐ข Holding above $0.7000 would confirm further bullish movement.
๐ข POC at $0.4671 is far below the current price, indicating a trend shift.
๐ข Increasing volume supports the bullish case.
๐ข Securing partial profits at TP1 ($0.7350) is a smart risk-management strategy.
๐ BYBIT:SHELLUSDT.P remains in an uptrend โ monitoring for continuation and securing profits at TP levels!