$SHELL — 4H momentum is cooling
Following the rapid move from below 0.019 toward 0.0255, $SHELL is now showing considerably weaker momentum on the 4H chart.
📊 Current structure:
Price: ~0.0203
BOLL UP: 0.0217
BOLL MB: 0.0197
BOLL DN: 0.0178
RSI(6): 48.34
The 4H RSI has returned close to neutral territory after rising sharply during the breakout.
Price remains above the Bollinger middle band but below the upper band.
The next 4H candles should provide additional information on whether volatility continues to contract or expands again.
#SHELL #SHELLUSDT #Binance
Following the rapid move from below 0.019 toward 0.0255, $SHELL is now showing considerably weaker momentum on the 4H chart.
📊 Current structure:
Price: ~0.0203
BOLL UP: 0.0217
BOLL MB: 0.0197
BOLL DN: 0.0178
RSI(6): 48.34
The 4H RSI has returned close to neutral territory after rising sharply during the breakout.
Price remains above the Bollinger middle band but below the upper band.
The next 4H candles should provide additional information on whether volatility continues to contract or expands again.
#SHELL #SHELLUSDT #Binance