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As Shiba Inu recovers from a significant uptrend support level, it appears to be preparing for a further upward move. This recovery demonstrates SHIB's resilience and potential for more gains supporting the upward trend it has been on for the past few weeks. According to the technical environment, if SHIB maintains its current momentum, investors may become more interested in it. is currently getting close to a local resistance structure.
The volume trend has been gradually increasing according to the chart Analysis, suggesting that there is new interest in purchasing. In the days ahead, price momentum may be strengthened by this increase in volume, which frequently indicates that market participants are becoming more confident. Furthermore, the RSI is centered on the 65 level, which is typically regarded as a strong but not overbought area. This positioning givesPotential resistance for Dogecoin's price targets is at the $0.
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