SHELL is trading at $0.1127 after a 6.7% decline in the past 24 hours, maintaining its position above the crucial $0.1062 support level. The token is currently testing a descending trendline, with $0.1243 identified as a key resistance level for a potential breakout. Despite broader market pressures, SHELL has demonstrated relative strength, gaining 4.8% against Bitcoin and 3.9% against Ethereum.