
SHIB rises 3.53% to $0.0000055, a fourth straight session of gains
- —Price at $0.0000055, up 3.53% in 24 hours, a fourth straight session of gains
- —Trading volume 13.80% below the 30-day average
- —Stochastic K% at 98.1 — a signal of extreme overbought conditions
- —Nearest resistance is the 23.6% Fibonacci level at $0.0000056
Why it matters: The rebound is happening on declining volume, raising the risk of a reversal lower at resistance of $0.0000056.
Source: DiarioBitcoin