$SHELL 5-minute drop of 3.03%, current price 0.02867. There are two possible scenarios next:
① If volume contracts, price holds steady, and recovers the breakdown level → this looks more like a shakeout
② If the rebound is weak and price breaks below the 24h low of 0.01957 → the downtrend will most likely continue
I’ll wait to see how the first rebound plays out before making a call. What signals would you look for before taking action?
This data is for reference only—don’t take it as fact.
① If volume contracts, price holds steady, and recovers the breakdown level → this looks more like a shakeout
② If the rebound is weak and price breaks below the 24h low of 0.01957 → the downtrend will most likely continue
I’ll wait to see how the first rebound plays out before making a call. What signals would you look for before taking action?
This data is for reference only—don’t take it as fact.
