Shiba Inu (SHIB) Price Analysis: 4x Volume Spike and Strong Support at $0.000015
Shiba Inu (SHIB) has shown resilience, rebounding sharply with a nearly 4x surge in trading volume, maintaining a position above the key psychological level of $0.000015. In May 2025, SHIB experienced a 16% gain, aided by a significant volume spike of 2.83 trillion, indicative of potential accumulation by whales or institutional investors. Despite recent volatility, marked by a quick drop to $0.0000143, the token's swift recovery suggests growing investor confidence. With a strong trading volume supporting its price movements, SHIB has tested its upper resistance levels multiple times, signaling potential for continued upward momentum if current accumulation patterns persist. Moreover, the technical analysis indicates a solid foundation formed by consecutive high-volume candles that solidified trading above the psychological support, culminating in a notable price surge that briefly crossed the resistance of $0.0000151.
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