#Shib is really burning to the end, gold will always shine
Holding the iron is blessed!!!
SHIB has just shown one of the strongest moves in the market, breaking through $0.000028, which is considered a strong psychological threshold for the asset. However, SHIB is not facing any technical resistance at the moment and should be safe at least until it reaches the psychological resistance level of $0.00003. Considering SHIB's outperformance over the past few days, the recent surge is a good thing for SHIB holders and traders. As for any price movement so far, it seems to be mainly just the result of increased buying volume. As can be seen from SHIB's breakout after consolidation, this is a positive sign.
The moving averages also provide us with some insights. SHIB has successfully broken through the 50-day moving average, indicating strong price momentum. The next major moving average to watch is the 200-day moving average, shown in orange, which is well below the price, at which point, bullish sentiment has increased.
Of course, another thing to note is volume: volume rises as price rises and shows a downward trend. Volume is a very critical factor because it verifies the strength of price action.
Looking ahead, the next barrier is $0.00003. This level is important because it is the most important besides the psychological factor. If SHIB can hold the level after this barrier, then there may be greater gains in the future. RSI is approaching the "overbought" threshold, which means that the price will soon be under short-term selling pressure. However, in the long run, if SHIB can maintain this trend with very strong buying volume, the possibility of further gains is really high.
Still the same sentence, this period of time is a good time node to consider layout
Observe wif, bome, floki, ena...
Don't worry, there is more....
If you take the initiative to tease me, I will take you ashore, you just lie flat
David will not let David's fans miss out in this bull market! ! !
