$SHELL — Last week closed at 0.0208, and the new week is already retesting that area
The previous weekly candle for $SHELL completed with:
Open: 0.0212
High: 0.0225
Low: 0.0191
Close: 0.0208
Change: about -1.89%
The new week opened at 0.0209, very close to the previous weekly close.
After moving as high as 0.0220, price has now returned to around 0.0205.
This suggests that the market has not yet clearly escaped the broader 0.0205–0.0212 balance area.
An intraday move to 0.0220 alone is not enough to confirm a breakout if price cannot remain at higher levels.
Meanwhile, 0.0204 remains an important area below.
#SHELL #WeeklyClose #MarketStructure #Binance
The previous weekly candle for $SHELL completed with:
Open: 0.0212
High: 0.0225
Low: 0.0191
Close: 0.0208
Change: about -1.89%
The new week opened at 0.0209, very close to the previous weekly close.
After moving as high as 0.0220, price has now returned to around 0.0205.
This suggests that the market has not yet clearly escaped the broader 0.0205–0.0212 balance area.
An intraday move to 0.0220 alone is not enough to confirm a breakout if price cannot remain at higher levels.
Meanwhile, 0.0204 remains an important area below.
#SHELL #WeeklyClose #MarketStructure #Binance