Shiba Inu Coin has recently shown a relatively stable trend near a key support level. From the market perspective, buyers below have not relaxed their vigilance, continuously defending the support area, which usually indicates that market participants still have confidence in the future market.
It is worth noting that as the payment ecosystem continues to improve, more merchants and platforms are beginning to accept this project's payment application. This tangible progress is starting to be reflected in market sentiment. Technically, if subsequent trading volume can effectively push the price through the upper resistance zone, based on the current technical pattern, the potential upside is approximately 16%. Of course, this prediction is based on the assumption of volume supporting the move, and investors should still practice risk management before participating.
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SquidTeacher
· 11h ago
Buyers are holding quite firmly, but this 16% room is all talk and no action; we need volume, brother.
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The payment ecosystem is supposedly improving? I've heard that for a long time. Let's wait and see what the actual implementation looks like.
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It's always about volume and momentum cooperation. This kind of talk is repeated every time. When will there really be a surge?
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Rebounding repeatedly at the support level, it feels like there's not enough momentum yet.
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Are merchants more accepting? It's really just hype; I can't quite figure it out.
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I believe in 16%, provided it doesn't drop back down haha.
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Continuous defense indicates that the bulls haven't given up, but what's the next move?
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GasGoblin
· 11h ago
Support has held up for so long; now it depends on whether the buying volume can be strong enough, otherwise it might just be a false alarm.
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LiquidatorFlash
· 11h ago
A 16% increase sounds good, but the trading volume should really be watched. How many times in history have there been false breakouts...
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VCsSuckMyLiquidity
· 11h ago
Holding steady there is already good enough; don't expect to soar to the sky, be more realistic.
Shiba Inu Coin has recently shown a relatively stable trend near a key support level. From the market perspective, buyers below have not relaxed their vigilance, continuously defending the support area, which usually indicates that market participants still have confidence in the future market.
It is worth noting that as the payment ecosystem continues to improve, more merchants and platforms are beginning to accept this project's payment application. This tangible progress is starting to be reflected in market sentiment. Technically, if subsequent trading volume can effectively push the price through the upper resistance zone, based on the current technical pattern, the potential upside is approximately 16%. Of course, this prediction is based on the assumption of volume supporting the move, and investors should still practice risk management before participating.