BOSS Wallet data source, Shiba Inu real-time price trend, SHIB's latest price today is $0.00002167, with a rise of up to 2.02%, and a trading volume of $314 million.

According to the analysis of the candlestick chart, it is currently in a consolidation trend. Compared to 17:00, there has been a significant increase, and it has rebounded from 10:00, breaking through the high of 18:00. The price is rising but the trading volume is decreasing, which usually indicates that the upward momentum in the market is weakening, and the number of buyers is decreasing.
The price increase may be due to a lack of selling pressure, which is considered a 'no-volume increase.' In this case, there could be a potential price pullback or sideways consolidation in the future. Due to the lack of trading volume support, the price rise may be difficult to sustain, and caution is advised regarding the risk of price retracement at high levels.
Investors should pay attention to whether the trading volume can keep up with the price increase and whether there are new buyers entering the market. Trading volume is decreasing while prices are rising. According to the Williams indicator, it is currently considered overbought. Recently, trading volume has decreased, with a reduction compared to the previous few hours, while prices are rising and trading volume is declining: upward momentum is weakening.

Market momentum is weakening, and the upward trend may be difficult to sustain. It is advisable to remain cautious and be alert to the risk of a pullback at high levels.

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

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