BOSS Wallet data source, Shiba Inu today's price, SHIB latest price broke through $0.00002736, an increase of 2.01%, trading volume $1.493 billion

By analyzing the K-line chart, it is now a shock trend. Compared with 07:00, it fell sharply and rebounded compared with 00:00. When the price and trading volume show a synchronous rise, it usually means that the market has strong buying support. Buyers are actively trading at higher price levels, showing optimistic market sentiment and strong bullish sentiment.
In this case, prices are likely to continue to rise in the future as market momentum is strong and buying continues to increase. Investors should pay close attention to the breakthrough of key resistance levels. If prices can continue to break through and stabilize at a higher level, it will indicate the continuation of the upward trend.
The price and volume are rising simultaneously, and the market sentiment is high. The Williams indicator shows that it is currently overbought. The trading volume has increased recently, and the trading volume has increased compared with the previous few hours. The price and volume are rising at the same time: trading is active and the upward momentum is strong.

The upward trend is strong, so you can consider increasing your position, but you need to pay attention to market volatility and overbought conditions.

The above content is for reference only and does not constitute investment advice.