$SHELL Analysis: Why this crash and what could happen next? 📉
Khairol Bhai, even though $BTC and $ETH have recovered, the main reasons for dumping $SHELL are:
1. Token unlock (December 13) 🔓
The large amount of token unlock has created significant selling pressure from early investors, which the market has yet to absorb.
2. Technical breakdown 📊
Important support levels have been broken on the chart. Currently, sellers are dominating over buyers.
🔮 Prediction for December 17:
Positive move: Consolidation in the range of $0.045 - $0.050.
Negative move: If Bitcoin is weak, it may test the $0.040 support.
In submission:
Crypto Analyzer
🚫 DYOR: Not financial advice.
#MyShell #CryptoAnalysi #BinanceAlphaAlert #BinanceSquare
SHELL
--
--