Shiba Inu Breaks Key EMA Resistance, Signaling Potential Uptrend Amid Increased Trading Volume

Published at:2025年07月09日 20:31
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Shiba Inu (SHIB) has recently surpassed a significant resistance level, indicating a possible transition into a prolonged upward trend following an extended period of market consolidation. This movement is supported by the convergence of the 26-day and 50-day Exponential Moving Averages (EMAs), alongside a noticeable increase in trading volume and momentum. Such technical developments suggest growing investor confidence and could pave the way for further gains in the near future.
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Shiba Inu SHIB EMA resistance uptrend trading volume