Additionally, the 6-period Relative Strength Index rose from oversold levels of 16.59 to 52.02, indicating increased buying pressure and a potential short-term rebound.
abod199815
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🐾 Shiba Inu (SHIB) Update 🐾 $SHIB Whale accumulation and a positive Chaikin Money Flow indicate strong institutional interest in $SHIB, despite recent price declines and reduced retail activity.
SHIB is evolving from a meme coin into a powerful ecosystem, with over 410 trillion tokens burned and millions of transactions on Shibarium.
Technical indicators show mixed signals: recent bullish momentum from MACD and RSI contrasts with bearish EMA alignment and overall low volatility.