$SHELL 1H RSI cools down to 51.95 while 4H rises to 61.71
Contrary to the usual trend, $SHELLs RSI on two short-term timeframes has been moving in opposite directions recently.
📊 RSI Comparison:
🟡 1H: 51.95 — slight dip, near neutral
🟢 4H: 61.71 — rising, approaching overbought zone
🟢 D1: RSI improving as price approaches MB
🔴 Weekly: 31.87 — still in the weak zone
💰 Current Price: 0.0211 (+1.93% 24h)
Usually, smaller timeframes react faster to price fluctuations, but here the 4H RSI is stronger than the 1H RSI. This may reflect stronger, more sustainable bullish momentum building on the 4H timeframe, while the 1H timeframe has undergone a brief intraday correction.
The divergence between these two short-term timeframes is worth monitoring, as it indicates the market is not yet in full agreement on the direction for the next few hours, though the overall trend on larger timeframes still leans positive.
#SHELL #TechnicalAnalysis #Binance