$SHELL is Crashing ๐ โ Here's the Brutal Truth! ๐โ ๏ธ
Why is $SHELL plummeting while $BTC & $ETH attempt a recovery? Itโs not random โ itโs a structural issue. Hereโs whatโs happening:
๐ **The December 13th Unlock:** A massive token unlock flooded the market. Early investors and the team cashed out, and the price has been absorbing that supply ever since. Token unlocks donโt cause a single dump; they bleed over time ๐ฉธ.
๐ **Price Action is Clear:** Key support levels have been broken. Every bounce is met with aggressive selling, and thereโs no significant demand. This is distribution, not accumulation.
๐ฎ **Whatโs Next (December 17th Focus)?** Year-end liquidity is low, and the post-unlock pressure remains.
๐ Best case: Sideways trading between 0.045 โ 0.050 (base-building).
๐ Worst case: A drop towards 0.040 if the broader market weakens.
๐ง **My Take:** Donโt force long positions right now. Smart money waits for supply exhaustion, not for hopeful bounces. These declines often end quietlyโฆ and thatโs where real opportunities emerge ๐๐ฅ.
#CryptoAnalysis #OnChainData #TechnicalAnalysis #AltcoinRisk ๐ฅ
