that has taken the market by storm, continues to gain traction as it displays a bullish trend. The Bid/Ask Imbalance indicator shows that the volume of bids on the market is 20% higher than the number of asks , suggesting that the Shiba Inu community remains bullish despite the recent price reversal.
The MACD, which is a trend-following momentum indicator, is displaying a bullish crossover, indicating that the bullish trend is likely to continue. Meanwhile, the RSI, which measures the strength of the price trend, has risen above the 50 level, indicating a bullish short- to midterm
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