BOSS Wallet data source, Shiba Inu latest price news, SHIB real-time price rose 2.01% to $0.000024776, transaction volume $1.822 billion
From the analysis of the K-line chart, the current trend is oscillating. Compared with 20:00, it fell sharply, breaking through the low point at 18:00, and fell slightly compared with 15:00. The price fell but the trading volume rose, which usually means that the selling pressure increased and the sellers were actively selling.
Such a situation may be that the market is pessimistic about future prices, or there is some negative news that triggers panic selling. In this case, future prices may continue to fall because of the strong selling pressure and pessimistic market sentiment.
Investors should be alert to whether the price will fall below the key support level. If the support level is broken, it may trigger a larger decline. In the shock trend, the trading volume increases and the price falls. The Williams indicator points out that there is no overbought or oversold now.
There has been an increase in trading volume recently, the volume is higher than in previous hours, the price is falling, and the volume is rising: selling pressure is increasing.
The rise may be a short-term rebound and we need to pay attention to the future market trend. Investors are advised to wait and see cautiously and pay attention to risk control.
The above content is for reference only and does not constitute investment advice.

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