$SHELL is showing strong volatility after a massive upward move, but its latest candles indicate that sellers are becoming more active near higher prices. Trading volume remains elevated, although the price has pulled back significantly from its recent $0.05057 high. The $0.0295–$0.0300 zone is important support, while $0.0344 is immediate resistance. Negative funding indicates bearish positioning in futures, creating the possibility of another short squeeze if buyers regain control. Trading Bias: SHORT if support breaks; LONG only after a confirmed recovery above resistance.
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