Shib’s amazing stunning stability during the recent trading session shows the growing confidence of the investor despite the market chaos.
The token’s ability to recover from a sudden collapse to 0.0000143 with extraordinary volume support suggests institutional accumulation rather than retail.
With the psychological support of the 0.000015 holding the firm and many upper resistance tests, the shib appears to have prepared for the potential continuation of the uphill trajectory if the current accumulation patterns continue.
Technical assessments
- The shib showed noticeable stability within a 24-hour period, climbing from 0.0000146 to 0.0000150, representing a 2.85% gain with a range of 0.00000081 (5.64%).
- The token experienced significant volatility at 17:00 when the price dropped to 0.0000143 before finding a strong volume support.
- A massive 2.83 trillion spike volume – almost 4x the average – provides important support at the recovery stage.
- The main resistance of 0.0000151 was tested twice during the season, with accumulation patterns that make up the final hours.
- Three consecutive candles with high volume (23: 00-01: 00) established a solid foundation above the 0.000015 psychological levels.
- In the last time, the Shib showed noticeable volatility with a significant price growth at 1:22 when it broke above the resistance level of 0.0000151, reaching 0.00001514 at 01:31.
- Raised trading volumes support bullish momentum, especially at 1:36 candles recorded nearly 80 billion in volume.
- A sharp correction at 01: 37-01: 38 dropped the price 5% to 0.00001505, before establishing a integration pattern.
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