$SHELL | Band Width Jumps Sharply Between Short and Long Timeframes

Bollinger band width, measured relative to the lower band, doesn't scale smoothly with timeframe length here, it jumps in two distinct steps.

1H sits at 6.81% and 4H at 7.10%, essentially the same tier. Then there's a sharp jump: daily reaches 56.32%, and weekly 84.16%. The short timeframes are clustered tightly together while the two longer ones sit in a completely different range. This two-tier structure says more about the shape of recent volatility than any single band width number would.

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