$SHELL cumulative flow chart drops vertically right at the price peak
The 24h cumulative flow chart for
$SHELL shows a very clear break, coinciding almost exactly with the moment the price reached its peak of 0.0235.
๐ Cumulative flow movement:
๐ Stable sideways from around 14:15 to 22:00
๐ Vertical drop right after 22:00
๐ Continued gradual decline to the present, no signs of bottoming out yet
๐ฐ Current price: 0.0206 (+0.49% 24h)
๐ฐ Price peak: 0.0235 (recorded at the same timeframe as the flow break)
The sudden reversal of the cumulative flow line exactly when the price hit its peak is a notable technical signal. It shows that as soon as the price touched the high, the incoming cash flow began to clearly switch to an outflow state, rather than maintaining the accumulation momentum.
The flow line is still in a downward trend as of now, showing no signs of slowing down or reversing back.
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