$SHELL - Daily range approached 20%, but price eventually returned to 0.0234
The August 22 session had an unusually wide trading range.
Low: 0.0216
High: 0.0259
Close: 0.0234
The distance between the daily low and high was nearly 19.9%.
During the same session, $SHELL tested 0.0216, moved above the previous 0.0255 high, and then returned toward the middle of the range.
This shows that volatility increased sharply as price entered a major resistance area.
Compared with the relatively steady recovery seen in previous sessions, August 22 showed much stronger two-way trading.
#SHELL #Volatility #DailyChart #Binance
The August 22 session had an unusually wide trading range.
Low: 0.0216
High: 0.0259
Close: 0.0234
The distance between the daily low and high was nearly 19.9%.
During the same session, $SHELL tested 0.0216, moved above the previous 0.0255 high, and then returned toward the middle of the range.
This shows that volatility increased sharply as price entered a major resistance area.
Compared with the relatively steady recovery seen in previous sessions, August 22 showed much stronger two-way trading.
#SHELL #Volatility #DailyChart #Binance