Shell (SHELL) Trades Above Key Support as Breakout Attempt Continues

Shell (SHELL) is currently trading at $0.1127, experiencing a 6.7% decline over the last 24 hours. Despite this drop, it remains above crucial support level of $0.1062. This token is actively testing a descending trendline near $0.1243, acting as a significant resistance for potential breakout confirmation. 24-hour trading volume ranges between $0.1062 and $0.1243, showing price consolidation with increasing volatility. Analysts are monitoring the asset’s movement in the vicinity of this crucial technical level.