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Shiba Inu $SHIB

The Chaikin Money Flow (CMF) on the 4-hour chart of the SHIB/USD pair showed similar signals as the BONK. At press time, the CMF was 0.25, indicating that there was positive money flow to the token.

But the reading had crossed 0.20, suggesting that SHIB was overbought. As such, SHIB could see a pullback that could send the price back to $0.000023. However, the Astonishing Oscillator (AO) was positive, with rising green histogram bars.

If SHIB bulls maintain the momentum, the token price could rise as high as $0.000030. If this were the case, the stage could be set for the meme coin to revisit $0.000032.

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