Markets· ★★· bearish·

SHIB Falls 7.19% to $0.0000056 After 12.31% Weekly Rally

  • —SHIB fell 7.19% to $0.0000056 after a 12.31% weekly gain
  • —Daily volume was 84% above the 30-day average
  • —RSI at 55.1 signals neutral momentum after overbought conditions eased
  • —Price holds above all key SMAs, including the SMA-200 at $0.0000052
Why it matters: The pullback looks like a healthy correction after a sharp rally, but elevated volume suggests profit-taking by larger holders.
#SHIB
Source: DiarioBitcoin
More on this
Markets · 01:00
Shiba Inu closes Q3 up 44.1%, but October's 167.5% average is misleading
 Markets · yesterday
Shiba Inu Rallies 24% Weekly, Reclaims $0.0000061
 Markets · yesterday
SHIB Holds Near $0.000006 After 21% Weekly Rally on 63% Above-Average Volume