$SHELL | Reconstructing the Implied 24-Hour Open
Working backward from the -4.82% change and the last price of 0.02192, the implied 24-hour open comes to roughly 0.02303 USDT, noticeably closer to the session high of 0.02350 than to the current price.
That puts the last price well below its own implied open, consistent with the session having drifted down toward its low rather than recovering back toward where it started.
#SHELL #BTC #ETH
Working backward from the -4.82% change and the last price of 0.02192, the implied 24-hour open comes to roughly 0.02303 USDT, noticeably closer to the session high of 0.02350 than to the current price.
That puts the last price well below its own implied open, consistent with the session having drifted down toward its low rather than recovering back toward where it started.
#SHELL #BTC #ETH