Analyzing the current situation of SHELLUSDT, we can explore dimensions such as price performance, technical indicators, and market sentiment:
1. Price and Trading Data
- Latest price: 0.1083 USDT, down 1.46% from the previous period, approximately 0.7700 yuan in RMB.
- 24-hour volatility: Highest price 0.1219 USDT, lowest price 0.1024 USDT, with significant fluctuation; the trading volume reached 317 million SHELL, with a transaction amount of 36.5001 million USDT, indicating high trading activity.
2. Technical Trends (15-minute period)
- Moving average system: Short-term EMA(7) is 0.1106, medium-term EMA(25) is 0.1139, long-term EMA(99) is 0.1132. The price has fallen below the short-term and medium-term moving averages, and the short-term moving average is turning downward, indicating a short-term downtrend.
- Price pattern: After a previous surge to 0.1219, there was a rapid retreat, with a minimum touching 0.1075, currently oscillating at a low level, with support below focusing on 0.1024 (24-hour low), and resistance above focusing on the short-term moving average near 0.1106.
3. Market Sentiment and Trends
- Multi-period performance: 7-day increase of 21.55%, but 30 days, 90 days, and 180 days are all down (-5.00%, -31.97%, -47.45%), indicating a weak long-term trend, with a rapid adjustment following short-term rebounds.
- Order book: Buy orders account for 54.34%, sell orders 45.66%, with buy orders slightly dominant, but the price is still in a low-level oscillation after a decline, requiring caution against further selling pressure.
Summary
SHELLUSDT is currently in a low-level consolidation phase after a short-term decline, with a bearish short-term trend. If it cannot quickly recover the short-term moving average (0.1106), adjustments may continue; attention should be paid to the effectiveness of support at 0.1024. In trading, attention should be given to volatility risks, and trends should be judged further in conjunction with longer periods (such as daily charts) and fundamental information.
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