📈 Price Movement:
The price of SHELL/USDT is $0.5909 🟢 (+47.14%) – a significant increase! 🚀
24h High: $0.7099 📊
24h Low: $0.4016 📉
📊 Technical Indicators:
Moving Averages (MA):
7-period MA: 0.6016 🟡 (currently below price, potential resistance)
25-period MA: 0.6369 🟣 (above price, indicating downtrend)
MACD Indicator:
DIF: -0.0120 🔴
DEA: -0.0053 🟣
MACD: -0.0067 ⛔ (Bearish momentum, red bars)
📉 Recent Trends:
The price hit a peak of $0.6968 before dropping to $0.5768 📉
Strong downtrend with lower lows forming 🚨
Slight rebound after the drop – potential support? 🤔
⚠️ Conclusion:
Short-term bearish 📉 but could be recovering.
Watch for support levels & MA crossovers for confirmation! 👀
Volume is high 📊, meaning strong market activity!
trade setups? 📊