BOSS Wallet data source, Shiba Inu today's market news, SHIB latest price: $0.000024499, 24 hours down -3.73%, transaction volume $1.822 billion
According to the analysis of the K-line chart, the current trend is oscillating. It is slightly higher than 08:00, slightly lower than 09:00, and higher than 04:00. When prices rise and trading volume decreases, it usually means that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence is usually due to a lack of selling. In this case, prices may pull back or go sideways in the future. Due to the lack of trading volume support, price increases are difficult to sustain, and we need to be alert to the risk of a pullback from highs. Investors should pay attention to whether trading volume can match price increases and whether there are new buy orders entering the market.
The trading volume is decreasing, the price is rising. The Williams indicator indicates that there is no overbought or oversold. The trading volume has decreased recently, and the trading volume is less than in the previous hours. The price is rising, and the trading volume is decreasing: the upward momentum is weakening.
The upward momentum has weakened, so it is recommended to wait and see and make decisions after the market direction is clear.

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

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