🚀🚀🚀Analysis of SHELL/USDT – D Frame
Current price 0.1196 USDT, slightly decreased by 3.16% in 24h. SHELL is fluctuating around the range of 0.11–0.12 after a correction, indicating an accumulation trend within a narrow range.
The Bollinger Bands are narrowing, the price is close to the middle line (0.1216) → the market is consolidating, preparing for a new volatility. RSI(6) around 48.5 indicates weakening selling momentum, the market is temporarily balanced.
Nearby support is at 0.117, strong support at 0.105; nearby resistance is at 0.125 and strong at 0.137. If the 0.117 area is maintained, the current price structure may become the foundation for the next cycle.
SHELL is in the accumulation phase, with decreasing volume, suitable for observation and learning how the market reacts before a clear trend emerges.
This article shares a learning perspective, not investment advice.
