Shiba Inu (SHIB) Surge Sparks Investor Frenzy Amidst Massive Burn Rate Spike
TL;DR Summary
Shiba Inu (SHIB) has experienced a significant price surge, reaching $0.00003059, driven by a breakout from an ascending triangle pattern and increased trading volume. Despite the bullish momentum, SHIB is in overbought territory with an RSI of 73, indicating a potential short-term pullback. Investors are advised to watch support levels at $0.000027 and $0.00002445 for possible rebounds. The meme coin's future gains depend on overcoming resistance at $0.000032 and maintaining investor interest.
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