🚨 SHELL plunges 24%! The discussion board says it fell about 32% to $0.0274, but the dashboard also shows -12.2%—data needs verification.
But here’s what’s really strange: it bounced 2.4% in 5 minutes, yet rose 7.9% in 1 hour; retail traders’ long-to-short ratio is just 1.7×, while 4-hour discussions are actually bearish, with 15 mentions and 0 KOLs.
📊 What does this mean? Some are buying the dip, while others see the rebound as a chance to get out. The biggest fear isn’t getting the direction wrong—it’s jumping in, only to realize you’re the last one holding the bag.
🎯 Key levels:
Resistance: $0.027–$0.029
Support/demand zone: $0.0275–$0.028
Downside target: $0.023–$0.027
The rebound only counts as valid if price holds above the resistance zone.
My take: There’s a short-term rebound, but it’s not a good idea to chase blindly. Only if it holds above $0.029 on strong volume would I look toward $0.0325; if it fails to break higher and falls below $0.027, watch out for a further pullback.
Do you think SHELL is heading for $0.0325 next, or retesting $0.023? 👇
#SHELL #Crypto
But here’s what’s really strange: it bounced 2.4% in 5 minutes, yet rose 7.9% in 1 hour; retail traders’ long-to-short ratio is just 1.7×, while 4-hour discussions are actually bearish, with 15 mentions and 0 KOLs.
📊 What does this mean? Some are buying the dip, while others see the rebound as a chance to get out. The biggest fear isn’t getting the direction wrong—it’s jumping in, only to realize you’re the last one holding the bag.
🎯 Key levels:
Resistance: $0.027–$0.029
Support/demand zone: $0.0275–$0.028
Downside target: $0.023–$0.027
The rebound only counts as valid if price holds above the resistance zone.
My take: There’s a short-term rebound, but it’s not a good idea to chase blindly. Only if it holds above $0.029 on strong volume would I look toward $0.0325; if it fails to break higher and falls below $0.027, watch out for a further pullback.
Do you think SHELL is heading for $0.0325 next, or retesting $0.023? 👇
#SHELL #Crypto