$SHELL — Hits 0.0220 before a sharp pullback to 0.0205
$SHELL is seeing a relatively wide trading range today on Binance Spot.
📊 August 18 session, UTC+7:
Open: 0.0210
High: 0.0220
Low: 0.0205
Price: 0.0205
Change: -2.38%
Current volume: ~8.89M SHELL
The key point is that price climbed to 0.0220 but failed to hold the higher area and later pulled back to 0.0205.
The decline from today’s high to the current price is about 6.8%, showing noticeable selling pressure after the rally.
The 0.0204–0.0205 zone is now an important short-term area to monitor. As long as this region holds, the previous recovery structure has not been completely invalidated.
The daily candle is still forming, so more data is needed before confirming the next direction.
#SHELL #DailyAnalysis #Binance
$SHELL is seeing a relatively wide trading range today on Binance Spot.
📊 August 18 session, UTC+7:
Open: 0.0210
High: 0.0220
Low: 0.0205
Price: 0.0205
Change: -2.38%
Current volume: ~8.89M SHELL
The key point is that price climbed to 0.0220 but failed to hold the higher area and later pulled back to 0.0205.
The decline from today’s high to the current price is about 6.8%, showing noticeable selling pressure after the rally.
The 0.0204–0.0205 zone is now an important short-term area to monitor. As long as this region holds, the previous recovery structure has not been completely invalidated.
The daily candle is still forming, so more data is needed before confirming the next direction.
#SHELL #DailyAnalysis #Binance