🐋 For those keeping an eye on the money flows:
$SHELL broke through 0.03959, reaching a six-month high. At the moment of the breakout, every position bought at any point in the past 180 days was in profit.
Trading volume then surged to 37 times the daily average. New money was buying on one side, while holders waiting to break even took the opportunity to cash out on the other. Which side has more patience will depend on whether buyers are still there on the pullback.
$SHELL broke through 0.03959, reaching a six-month high. At the moment of the breakout, every position bought at any point in the past 180 days was in profit.
Trading volume then surged to 37 times the daily average. New money was buying on one side, while holders waiting to break even took the opportunity to cash out on the other. Which side has more patience will depend on whether buyers are still there on the pullback.