$SHELL — August 16 rises 4% and reaches 0.0210
$SHELL is having a stronger weekend session after spending several days consolidating around the 0.019x area.
📊 August 16 session, UTC+7:
Open: 0.0200
High: 0.0210
Low: 0.0200
Price: 0.0208
Change: +4.00%
Volume: ~7.75M SHELL
The notable point is that price has moved away from the 0.019x range and is testing 0.0210 again for the first time in several sessions.
In the short term, holding above 0.0204 suggests that the previous resistance area is now being tested from above.
However, 0.0210–0.0212 remains important because it is also close to the current weekly open.
The daily candle is still forming, so more data is needed to confirm whether the move can hold into the close.
#SHELL #DailyAnalysis #Binance
$SHELL is having a stronger weekend session after spending several days consolidating around the 0.019x area.
📊 August 16 session, UTC+7:
Open: 0.0200
High: 0.0210
Low: 0.0200
Price: 0.0208
Change: +4.00%
Volume: ~7.75M SHELL
The notable point is that price has moved away from the 0.019x range and is testing 0.0210 again for the first time in several sessions.
In the short term, holding above 0.0204 suggests that the previous resistance area is now being tested from above.
However, 0.0210–0.0212 remains important because it is also close to the current weekly open.
The daily candle is still forming, so more data is needed to confirm whether the move can hold into the close.
#SHELL #DailyAnalysis #Binance