🚨🚨SHELL/USDT - PUMP LOSING STEAM. SHORT-TERM CORRECTION RISK.**
#ShellSignal #SHELL SHELL rose from **0,01859** and hit **0,05163** today. Up **+112,47%** in 24h, now at **0,04054**.
But momentum has already shifted:
**1. Rejection at the top**
It climbed to 0,05163, left a long wick, then gave back gains with a strong red candle. Sellers stepped in where late buyers bought.
**2. Lost the short-term average**
On the 15-minute chart, price is below **MA(7) 0,04070 and EMA(7) 0,04043**.
When it rises +110% and can't hold the 7-period average, the short-term trend has already weakened. And price remains far above the longer-term averages: **MA(25) 0,03414 / EMA(25) 0,03506 / MA(99) 0,02317**. When price is this stretched, it tends to move back toward the average.
**3. RSI cooled off quickly**
RSI(6) reached **90,32** in extreme overbought territory and is now at **56,54**. RSI(12) is 63,88 and RSI(24) is 68,24.
It fell from 90 to 56 without making a new high. That's a loss of buying strength, not continuation.
**Context:** Market cap **$19,65 mi**. All-time high **$0,7256** / All-time low **$0,01744**. 24h volume **667,21 mi SHELL / $22,86 mi USDT**. High volume at the top + rejection = distribution.
**Support levels I'm monitoring:**
- **1st support: 0,03506 - 0,03414**
- **2nd support: 0,032 - 0,028**
- If 0,03414 is lost, the way opens to **0,02571**
The correction is invalidated only if the 15-minute candle closes above **0,04639** and price retakes 0,05163. Without that, I won't buy the top.
Summary: +112% in one day, RSI from 90 to 56, and price below the short-term average = correction is more likely than continuation. If you caught it, protect your gains. If you didn't, wait.
Technical analysis, not financial advice.
**LevandovskiDT**
$SHELL