📈 +50.23%, with 24-hour trading volume at 37.6335 million. This $SHELL candle pushed the current price straight up to 0.0294.
Structurally, after the surge in volume, the price has broken out of its previous consolidation range. This kind of price-and-volume action isn't something retail traders can generate. At this price level, trading volume suggests turnover has been quite substantial.
The key is whether it can hold at this level. If it does, this becomes new support; if it falls back below, it was a false breakout.
SHELL's order book is heating up. Are you planning to enter here, or wait for a pullback to confirm?
$SHELL
For market tracking and personal views only. This is not investment advice. You are responsible for your own gains and losses.
Structurally, after the surge in volume, the price has broken out of its previous consolidation range. This kind of price-and-volume action isn't something retail traders can generate. At this price level, trading volume suggests turnover has been quite substantial.
The key is whether it can hold at this level. If it does, this becomes new support; if it falls back below, it was a false breakout.
SHELL's order book is heating up. Are you planning to enter here, or wait for a pullback to confirm?
$SHELL
For market tracking and personal views only. This is not investment advice. You are responsible for your own gains and losses.