$SHELL — Volume 21/8 increases by over 58% compared to the previous session
Not only does the price rise, but the trading activity of $SHELL in the 21/8 session also increases significantly.
📊 20/8:
Volume: ~13.58M SHELL
📊 21/8:
Volume: ~21.50M SHELL
Volume rises by about 58% compared to the previous session.
In the same session, the price increases from 0.0214 to close at 0.0226, equivalent to +5.61%.
The widening price range alongside the volume increase makes the 21/8 session quite distinct from the earlier accumulation phase around 0.020x–0.021x.
However, a session with increased volume alone is not enough to confirm a longer-term trend; it remains to be seen whether trading activity continues to hold up in the following sessions.
#SHELL #VolumeAnalysis #Binance
Not only does the price rise, but the trading activity of $SHELL in the 21/8 session also increases significantly.
📊 20/8:
Volume: ~13.58M SHELL
📊 21/8:
Volume: ~21.50M SHELL
Volume rises by about 58% compared to the previous session.
In the same session, the price increases from 0.0214 to close at 0.0226, equivalent to +5.61%.
The widening price range alongside the volume increase makes the 21/8 session quite distinct from the earlier accumulation phase around 0.020x–0.021x.
However, a session with increased volume alone is not enough to confirm a longer-term trend; it remains to be seen whether trading activity continues to hold up in the following sessions.
#SHELL #VolumeAnalysis #Binance