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Tag: Bullish Momentum

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Shiba Inu (SHIB) Tests Resistance Amid Waning Bullish Momentum

In Brief Shiba Inu (SHIB) surged 14% in 7 days, with a $14B market cap, but weakening momentum hints at potential consolidation or reversal. RSI at 60.8 indicates a bullish phase with room for gains, but declining ADX and rising selling pressure suggest growing bearish sentiment. A golden cross could push SHIB to $0.0000298, but…
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