4x Volume Spike and Strong Support at $0.000015

headlines4Cryptocurrency6 months ago1.6K Views

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SHIB’s outstanding resilience through the current buying and selling session demonstrates rising investor confidence regardless of market turbulence.

The token’s capability to recuperate from a sudden drop to 0.0000143 with extraordinary quantity help suggests institutional accumulation moderately than retail panic.

With the psychological help at 0.000015 holding agency and a number of assessments of higher resistance, SHIB seems poised for potential continuation of its upward trajectory if present accumulation patterns persist.

Technical Analysis Highlights

  • SHIB demonstrated outstanding resilience over the 24-hour interval, climbing from 0.0000146 to 0.0000150, representing a 2.85% acquire with a variety of 0.00000081 (5.64%).
  • The token skilled important volatility at 17:00 when worth plummeted to 0.0000143 earlier than discovering robust quantity help.
  • An enormous 2.83 trillion quantity spike—almost 4x the typical—supplied essential help through the restoration part.
  • Key resistance at 0.0000151 was examined twice through the interval, with accumulation patterns forming within the closing hours.
  • Three consecutive high-volume candles (23:00-01:00) established a strong basis above the 0.000015 psychological degree.
  • In the final hour, SHIB exhibited notable volatility with a major worth surge at 01:22 when it broke above the 0.0000151 resistance degree, reaching 0.00001514 by 01:31.
  • Elevated buying and selling volumes supported the bullish momentum, significantly through the 01:36 candle which recorded almost 80 billion in quantity.
  • A pointy correction at 01:37-01:38 dropped the value 5% to 0.00001505, earlier than establishing a consolidation sample.

External References



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