Shiba Inu has shown conflicting market indicators in recent negotiation sessions. The Token initially demonstrated a bullish impulse with a significant volume support, but this quickly gave way to intense sales pressure.
The technical analysis reveals that Shib is consolidating below the key resistance levels, and the operators closely monitor the $ 0.00001450- $ 0.00001600 area for possible rupture signals. The metrics in the chain paint a worrying image, with net flows of whales (-311%) and a substantial decrease of 68% in the active directions since December.
The structure of the current market suggests that continuous scope behavior can precede a decisive directional movement, with a confirmation that requires a breakdown above the resistance of the line of descending trend to approximately $ 0.00002044.
With only 17% of the owners currently in profits, while more than 80% remain under water, any significant increase in the price could face a substantial sales pressure while investors seek to reach the balance point.
Analysts remain divided into Shib’s short -term perspectives, and some identify possible bullish patterns, while others aim to weaken the foundations as a cause of precaution.
TECHNICAL ANALYSIS
- Shib established a significant high volume support at $ 0.00001417 during 7:00 p.m., followed by a constant purchase pressure.
- Notable volume peaks were produced during the term 04: 00-06: 00, exceeding 700 million dollars, confirming the initial upward impulse.
- The final negotiation time saw a strong setback of 1.77% from the top, which suggests a profits after the rally.
- A bassist Ema stack has formed, with a price that struggles to recover the 50 -day mobile average.
- A descending channel pattern arose in the chart per hour, with lower and lower high ups and downs that indicate a short -term bearish feeling.
- An increase in volume of more than 110 billion in trade coincided with an acute breakdown below the key support levels.
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