$SHELL — 4H continues to compress around the 0.019x zone
The 4H chart of $SHELL is showing significantly smaller fluctuations compared to the uptrend phase reaching 0.0255.
In the most recent candles, the price has repeatedly traded around:
📍 Short-term support: 0.0191–0.0192 📍 Balance zone: 0.0194–0.0197 📍 Near resistance: 0.0200–0.0203
The current price is around 0.0196.
Recent 4H candles mainly closed around 0.0193–0.0199, with volume much lower than during the previous breakout.
This structure reflects a volatility contraction phase. Breaking out from 0.0191–0.0203 will provide more information about the next direction.
#SHELL #4H #PriceAction #Binance
The 4H chart of $SHELL is showing significantly smaller fluctuations compared to the uptrend phase reaching 0.0255.
In the most recent candles, the price has repeatedly traded around:
📍 Short-term support: 0.0191–0.0192 📍 Balance zone: 0.0194–0.0197 📍 Near resistance: 0.0200–0.0203
The current price is around 0.0196.
Recent 4H candles mainly closed around 0.0193–0.0199, with volume much lower than during the previous breakout.
This structure reflects a volatility contraction phase. Breaking out from 0.0191–0.0203 will provide more information about the next direction.
#SHELL #4H #PriceAction #Binance