Shib’s remarkable resilience during the recent trade session shows growing investor confidence despite market turbulence.
The token’s ability to recover after a sudden fall to 0.0000143 with extraordinary volume support suggests institutional accumulation rather than retail panic.
With the psychological support of 0.000015, which holds on and several tests of upper resistance, Shib appears ready for potential continuation of its upward orbit if the current accumulation patterns persist.
Technical analysis highlights
- Shib demonstrated remarkable resilience over the 24-hour period and climbed from 0.0000146 to 0.0000150, representing a gain of 2.85% with a range of 0.00000081 (5.64%).
- The token experienced considerable volatility at. 17:00 when the price dropped to 0.0000143 before finding strong volume support.
- A massive 2.83 trillion -volume tip – almost 4x the average – provided crucial support in the recovery phase.
- Key resistance of 0.0000151 was tested twice during the period when accumulation patterns are formed in the last hours.
- Three consecutive candles with high volume (23: 00-01: 00) established a solid foundation of the psychological level 0.0015.
- In the last hour, Shib showed remarkable volatility with a significant price increase at. 01:22 when it broke over 0.0000151 resistance level and reached 0.00001514 with 01:31.
- Elevated trading volumes supported the bullish momentum, especially during 01:36 lights that recorded nearly 80 billion in volume.
- A sharp correction at. 01: 37-01: 38 the price dropped 5% to 0.00001505 before establishing a consolidation pattern.
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