$SHELL — August remains +8.89% above the monthly open
Despite the weaker structure of the current week, the August monthly candle for $SHELL remains above its opening price.
📊 August so far: Open: 0.0180 High: 0.0255 Low: 0.0176 Price: 0.0196 Open → current: +8.89% Volume: ~409.13M SHELL
The current price has moved significantly below the 0.0255 monthly high but remains above the 0.0180 monthly open.
This creates a notable timeframe divergence: the current weekly candle is negative while the monthly candle remains positive.
August still has more than half the month remaining, so the current structure should not be treated as a confirmed monthly close.
#SHELL #MonthlyAnalysis #Binance
Despite the weaker structure of the current week, the August monthly candle for $SHELL remains above its opening price.
📊 August so far: Open: 0.0180 High: 0.0255 Low: 0.0176 Price: 0.0196 Open → current: +8.89% Volume: ~409.13M SHELL
The current price has moved significantly below the 0.0255 monthly high but remains above the 0.0180 monthly open.
This creates a notable timeframe divergence: the current weekly candle is negative while the monthly candle remains positive.
August still has more than half the month remaining, so the current structure should not be treated as a confirmed monthly close.
#SHELL #MonthlyAnalysis #Binance