Shiba Inu plunged 16.13% to a low of $0.0000052 before rebounding slightly to $0.0000053 at press time, still at 5.4% down. Trading volume dropped 63% to $140 million, signaling a market cool-down. On the Spot market, 3.8 trillion SHIB were sold against 3.4 trillion bought, revealing aggressive selling pressure. Despite this pressure, the asset’s bullish structure remains intact according to the Relative Strength Index (RSI) and the Directional Movement Index (DMI).
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