SHELL Breaks Out of Descending Wedge, Support Key at $0.102

The SHELL cryptocurrency has broken out of a long-term descending wedge pattern on the daily timeframe, signaling a potential shift in price movement for traders tracking reversals. This breakout is evident by the asset’s retest of the support level of $0.102 after a 15.4% drop during the past 24 hours. The next important target zone lies at the resistance level around $0.1296, where buyers need to step up for further confirmation.