weeklyrange

$SHELL — From 0.0200 to 0.0230: the weekly range has expanded significantly

The current week for $SHELL has recorded:

Open: 0.0209
Low: 0.0200
High: 0.0230
Current: 0.0226

From the weekly low of 0.0200 to the weekly high of 0.0230, the range has expanded by roughly 15%.

Meanwhile, the current price remains only about 1.7% below the weekly high.

This shows that most of the recovery from the weekly low is still being retained after the August 21 session.

However, 0.0230 has already produced a visible price reaction, so more data is needed to determine whether it is only short-term resistance or the upper boundary of a new trading range.

#SHELL #WeeklyRange #MarketStructure #Binance

$SHELL — From 0.0200 at the start of the week up to 0.0230: the weekly range has expanded significantly

In the current week of $SHELL , it has been recorded:

Open: 0.0209
Low: 0.0200
High: 0.0230
Current: 0.0226

From the weekly low of 0.0200 to the weekly high of 0.0230, the amplitude is about 15%.

Meanwhile, the current price is still only about 1.7% below the weekly high.

This suggests that most of the rebound momentum from the weekly low is still being maintained after the session on 21/8.

However, 0.0230 is now a zone where price reaction just appeared, so more data is needed to determine whether this is only short-term resistance or the new upper boundary of the accumulation zone.

#SHELL #WeeklyRange #MarketStructure #Binance