$SHIB
analysis for a range of 1 hour in $SHIB
The chart $SHIB /USDT shows a strong upward trend, with the price at 0.00001215, an increase of 2.53%. Green candles dominate, indicating buying pressure. The 24-hour data reveals a high of 0.00001217 and a low of 0.00001173, with significant volumes (1.06T SHIB and 12.63M USDT), validating the movement.
The Exponential Moving Averages (EMA7, EMA25, EMA99) are aligned in ascending order (0.00001212, 0.00001203, 0.00001190 respectively), confirming the robust upward trend and acting as dynamic supports. The MACD indicators (DIF: 0.00000006, DEA: 0.00000005, MACD: 0.00000001) show a bullish crossover and a positive histogram, reinforcing the momentum.
In summary, the technical analysis suggests a continuation of the upward momentum for SHIB/USDT in the short term, supported by price action, moving averages, and momentum indicators. Volatility is notable, and the 24h high is an immediate resistance. Although the RSI is not displayed, the current data is positive.
