$SHELL — From 0.0191 to 0.0208: this week has rebounded by nearly 9%
Although this week’s candle is still slightly bearish compared to the opening price, $SHELL đ has seen a notable rebound from the weekly low.
📊 Weekly range:
Open: 0.0212
High: 0.0225
Low: 0.0191
Current: 0.0208
From the low of 0.0191 to the current price of 0.0208 corresponds to a rebound of about 8.9%.
This makes the weekend’s structure quite different from mid-week, when $SHELL was still trading near 0.019x.
However, the price has not yet fully reclaimed the weekly opening level of 0.0212.
Closing the week below, around, or above 0.0212 will form three quite different candle structures to evaluate for the next week.
#SHELL #WeeklyClose #MarketStructure #Binance
Although this week’s candle is still slightly bearish compared to the opening price, $SHELL đ has seen a notable rebound from the weekly low.
📊 Weekly range:
Open: 0.0212
High: 0.0225
Low: 0.0191
Current: 0.0208
From the low of 0.0191 to the current price of 0.0208 corresponds to a rebound of about 8.9%.
This makes the weekend’s structure quite different from mid-week, when $SHELL was still trading near 0.019x.
However, the price has not yet fully reclaimed the weekly opening level of 0.0212.
Closing the week below, around, or above 0.0212 will form three quite different candle structures to evaluate for the next week.
#SHELL #WeeklyClose #MarketStructure #Binance