$SHELL price 0.0211 near the MB on the daily chart 0.0213 a turning point to watch
$SHELL is currently trading just below the MB line on the daily chart, a notable technical position after a recent recovery streak.
📊 Price position vs MB across timeframes:
🟢 1H MB: 0.0211 — price is right at this level
🟢 4H MB: 0.0206 — price has already broken above
🔴 D1 MB: 0.0213 — price is still about 0.9% away
💰 Current price: 0.0211 (+1.93% 24h)
📈 24h high: 0.0219
📉 24h low: 0.0207
The gap between the current price and the D1 MB is now less than 1%, which is a fairly tight difference compared to previous measurements. On the two shorter timeframes, price has already conquered the moving average line; only the daily chart remains the key point to break in order to confirm the broader uptrend momentum.
If price continues to close candles above the D1 MB, this would indicate that the recovery move has truly extended to a larger timeframe. Conversely, if price is rejected in this zone, there is a likelihood of a pullback to check again the lower support areas.
#SHELL #PhanTichKyThuat #Binanc
$SHELL is currently trading just below the MB line on the daily chart, a notable technical position after a recent recovery streak.
📊 Price position vs MB across timeframes:
🟢 1H MB: 0.0211 — price is right at this level
🟢 4H MB: 0.0206 — price has already broken above
🔴 D1 MB: 0.0213 — price is still about 0.9% away
💰 Current price: 0.0211 (+1.93% 24h)
📈 24h high: 0.0219
📉 24h low: 0.0207
The gap between the current price and the D1 MB is now less than 1%, which is a fairly tight difference compared to previous measurements. On the two shorter timeframes, price has already conquered the moving average line; only the daily chart remains the key point to break in order to confirm the broader uptrend momentum.
If price continues to close candles above the D1 MB, this would indicate that the recovery move has truly extended to a larger timeframe. Conversely, if price is rejected in this zone, there is a likelihood of a pullback to check again the lower support areas.
#SHELL #PhanTichKyThuat #Binanc