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The MyShell price has surged 33% in the last 24 hours to trade at $0.6344 as of 7 a.m. EST on a 386% pump in trading volume to $178 million.
This jump in the SHELL price comes after Binance confirmed the SHELL listing on February 27 at 13:00 UTC, making it the 10th Binance HODLer airdrop project.
The token is now available for trading against BTC, USDT, USDC, BNB, FDUSD, and TRY.
#Binance is excited to announce MyShell(SHELL) on HODLer Airdrops – @myshell_ai $SHELL
The Airdrop page will be available on the Binance Airdrop Portal in 12 hours. Plus, this token will be listed on Binance soon!
Find out more 👉https://t.co/dJ0EW7T72X pic.twitter.com/H2pB0ZBM1q
— Binance (@binance) February 27, 2025
Additionally, BNB holders who participated in Simple Earn or On-Chain Yield products (Feb 14–18) gained access to the airdrop, with 25M SHELL tokens (2.5% of supply) distributed now and another 25M set for release in six months.
MyShell Price Faces A Pullback Along A Parabolic Curve
The SHELL/USDT 1-hour chart shows strong bullish momentum, with the current price trading at $0.6253.
The price has seen a daily high of $0.6344 and a low of $0.6100, reflecting a 1.00% increase. A significant accumulation phase occurred around $0.4000, where a strong support zone was established before the price broke out.
Key resistance levels include R1 at $0.4800, where the price faced initial rejection, followed by R2 at $0.5300, where sellers showed some presence. The price is approaching a major resistance level at $0.7000, which could determine the next move.
A parabolic curve pattern has formed, indicating strong upward momentum. However, traders should be cautious of possible exhaustion, as parabolic rallies often lead to corrections.
SHELLUSDT Analysis Source: Tradingview
The Relative Strength Index (RSI) is at 66.55, nearing the overbought zone (70), suggesting a short-term correction could occur.
The LuxAlgo trendline breaks confirm the bullish breakout, and as long as the price holds above 0.6000 USDT, further gains are likely.
For a bullish continuation, the price needs to break and hold above $0.7000, which could lead to a move toward $0.7500 and possibly $0.8000.
However, failure to break this resistance may result in a pullback to $0.5500 or $0.5000. Losing support at $0.4800 would invalidate the current uptrend.
MyShell price is in a strong bullish trend, but traders should watch for potential pullbacks.
The key monitoring levels are $0.7000 as resistance and $0.6000 as support. A confirmed breakout above resistance could open the doors for further upside, while failure may lead to a short-term correction.
AI Crypto MIND Of Pepe Closes On $7 Million – Best Crypto To Buy Now?
As the MyShell price struggles at the resistance level, a new AI crypto called Mind of Pepe (MIND) continues to surge in its presale and has now raised more than $6.9 million.
MIND of Pepe is a new cryptocurrency that uses AI to help investors make better decisions.
The project trawls platforms like X and Discord, using hive-mind analysis to detect emerging trends and deliver valuable investment insights directly to its investors, giving them an edge in the market.
Built on Ethereum, it is secure, transparent, and decentralized.
Transcend. $MIND pic.twitter.com/NULoFLEt6d
— MIND of Pepe (@MINDofPepe) February 25, 2025
Investors can also stake their MIND tokens for a huge 328% annual yield.
An analyst from the 99Bitcoins YouTube channel, which has over 726K subscribers, predicts MIND could surge 100X after launch.
Currently priced at $0.0034128, MIND is available for purchase using crypto or a bank card.
Its price will increase in a series of scheduled hikes as the presale progresses. Buy before the next price hike in a little more than 1 day to secure the best deal.
Visit the official MIND website.
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