SHELLDUMP

🚨 **Attention $GPS & $SHELL Holders! Binance to Compensate Affected Users** 🚨

Following a detailed investigation, Binance discovered that a market maker involved in the GoPlus Security (GPS) project was also conducting market-making activities for MyShell (SHELL). In response, Binance has taken swift action by removing and permanently banning this entity from any future market-making on its platform.

The illicit proceeds from the market maker’s activities have been seized and will be used to compensate affected GPS and SHELL holders. Binance will soon announce a detailed compensation plan.

Binance remains dedicated to ensuring a secure and trustworthy trading environment. Stay tuned for further updates! 🚨

#CryptoNewss #BinanceUpdate #GPS #SHELLDUMP $BTC $XRP $PEPE

Analyzing the chart and price movement of $SHELL /USDT on Binance, here are some key observations:

Current Price & Trend: The price is at $0.4814, down -17.53% in 24 hours. This indicates a strong bearish trend.

24h High & Low:

High: $0.5876

Low: $0.4625

The price is currently near the 24h low, suggesting a possible consolidation or further drop.

Volume & Market Sentiment:

Trading volume (204.68M $SHELL ) is high, showing active participation.

A long red candlestick pattern suggests heavy selling pressure.

Price Action & Support Levels:

The chart shows a downtrend with lower highs and lower lows.

Support appears around $0.45 - $0.46. If broken, a further decline is likely.

Resistance Levels:

Resistance is near $0.50 - $0.52, meaning price must break above this to reverse the downtrend.

Prediction for the Next 24 Hours

Bearish Case (More Likely): If the price fails to hold above $0.46, further downside towards $0.44 - $0.42 is possible.

Bullish Case (Less Likely): If buyers step in and push above $0.50, a short-term recovery towards $0.52 - $0.55 could happen.

Trading Strategy

If bearish sentiment continues, short-selling or waiting for a lower entry point is safer.

If reversal signs appear (higher volume & green candles), a long position with a stop-loss at $0.45 could work.

Would you like a detailed technical indicator analysis (RSI, MACD, Moving Averages)?

#SHELL $SHELL
#SHELLDUMP
#BYSHELL

🚨 Important Update for $GPS & $SHELL Holders! Binance to Provide Compensation 🚨

After an in-depth investigation, Binance has revealed that a market maker involved with the GoPlus Security (GPS) project was also participating in market-making for MyShell (SHELL). As a result, Binance has taken immediate action by removing and permanently banning this entity from future market-making on the platform.

The illicit profits from this market maker's activities have been seized and will be allocated to compensate affected GPS and SHELL holders. Binance will be sharing a comprehensive compensation plan soon.

Binance is dedicated to ensuring a secure and reliable trading environment for all users. Stay tuned for more details! 🚨

#CryptoNews #BinanceUpdate #GPSonBinance؟ #SHELLDUMP
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