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Today, SHIB's performance is quite interesting — the 30-minute trading volume suddenly surged by 83.2%. Such a sudden increase in volume usually doesn't happen without reason.
The current price is at 0.008989 USDT, which is between two key levels, making it a bit awkward. The support below is at 0.008645 (about 3.83% below the current price), and the resistance above is at 0.009177 (about 2.09% above).
From a technical perspective, this volume anomaly is worth paying attention to. Similar volume spikes often occur before multiple market rallies. However, there's no need to rush into action now. A smarter approach is to let the price approach the support or resistance line first, confirm the intention, and then consider trading.
In summary, keep a close eye on the subsequent movements, as such volume changes are often a barometer of market sentiment.