SHIB has recently shown some movement. The trading volume surged by 157.5% within 30 minutes, and such an anomaly often indicates that the market is about to start.
The current price is 0.007206 USDT, with a support level set around 0.007187 (very close, only 0.37%), and there is also a support zone between 0.006981 and 0.007211 below.
From a technical perspective, the nearby support is indeed a point of interest. If you want to participate from a trading standpoint, you can consider going long around 0.007187, with a take profit at the resistance level of 0.007374. The signal of volume expansion should still be watched carefully; usually, abnormal volume increases often mean that the main force is brewing the next move. The market is ever-changing, so keep a close eye on the trend.
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FlatlineTrader
· 9h ago
Trading volume surges by 157.5%? We need to keep a close eye on this; the main force is definitely up to something.
Wait, the support level is only 0.37% away? That's a bit too close for comfort; it doesn't feel quite right.
If I go long at 0.007187, can it really break through 0.007374, or will I get caught again?
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Anon32942
· 9h ago
Trading volume surged by 157.5%? This time, it won't be the same old trick to trap retail investors, right? Last time, it was said the same, and the price directly hit the daily limit down.
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New_Ser_Ngmi
· 9h ago
Trading volume surges by 157.5%? This needs to be closely watched, feels like there's potential.
SHIB has recently shown some movement. The trading volume surged by 157.5% within 30 minutes, and such an anomaly often indicates that the market is about to start.
The current price is 0.007206 USDT, with a support level set around 0.007187 (very close, only 0.37%), and there is also a support zone between 0.006981 and 0.007211 below.
From a technical perspective, the nearby support is indeed a point of interest. If you want to participate from a trading standpoint, you can consider going long around 0.007187, with a take profit at the resistance level of 0.007374. The signal of volume expansion should still be watched carefully; usually, abnormal volume increases often mean that the main force is brewing the next move. The market is ever-changing, so keep a close eye on the trend.