$SHELL (MyShell) takes off 🚀 +90% in a few hours
📉 The token rose from 0.0186 to a peak of 0.0354 on SHELL/USDT, with enormous volume: 1.66 billion SHELL in a single 4-hour candle.
🔹 Breakouts: the price reclaimed the EMA200 on the 4-hour and daily charts (0.0283)
🔹 Overheated: RSI at 97.6 on the 1-hour chart and 91.8 on the 4-hour chart
🔹 Resistances: 0.0354 · 0.0440 · 0.0489
🔹 Supports: 0.0310 · 0.0272 · 0.0230
👀 After such a vertical candle, a cooldown is common. A pullback that holds around 0.027–0.031 would be healthier than further acceleration. Below 0.0230, the bullish scenario would be invalidated.
The token remains far below its all-time high of 0.70, and the cause of the move has not been confirmed at this stage.
#BOoOoM #MyShell
📉 The token rose from 0.0186 to a peak of 0.0354 on SHELL/USDT, with enormous volume: 1.66 billion SHELL in a single 4-hour candle.
🔹 Breakouts: the price reclaimed the EMA200 on the 4-hour and daily charts (0.0283)
🔹 Overheated: RSI at 97.6 on the 1-hour chart and 91.8 on the 4-hour chart
🔹 Resistances: 0.0354 · 0.0440 · 0.0489
🔹 Supports: 0.0310 · 0.0272 · 0.0230
👀 After such a vertical candle, a cooldown is common. A pullback that holds around 0.027–0.031 would be healthier than further acceleration. Below 0.0230, the bullish scenario would be invalidated.
The token remains far below its all-time high of 0.70, and the cause of the move has not been confirmed at this stage.
#BOoOoM #MyShell
