SHIB Holds Steady Above Important Support Level as Volume Rises Nearly 4 Times

The incredible resilience of SHIB in recent trading sessions demonstrates the increasing confidence of investors despite market volatility. The token's ability to recover after suddenly dropping to 0.0000143 with significant volume support indicates institutional accumulation rather than panic from retail investors. With the psychological support level at 0.000015 still holding strong and multiple tests of the resistance level above, SHIB seems ready to continue its upward trend if the current accumulation pattern persists. Key Highlights of Technical Analysis SHIB has demonstrated remarkable resilience within 24 hours, rising from 0.0000146 to 0.0000150, which corresponds to a 2.85% gain with a range of 0.00000081 (5.64%).The token experienced significant volatility at 17:00 when the price plummeted to 0.0000143 before finding strong volume support. A spike in trading volume of up to 2.83 trillion – almost 4 times the average – provided critical support during the recovery phase. The critical resistance level at 0.0000151 was tested twice during this period, with accumulation patterns forming in the final hours. Three consecutive high-volume candles (23:00-01:00) have formed a solid foothold above the psychological level of 0.000015.Over the past hour, SHIB has shown significant volatility with significant price gains at 01:22 as it broke through the resistance of 0.0000151 and reached 0.00001514 at 01:31.The high trading volume supported the bullish momentum, especially in the 01:36 candle recorded a volume of nearly 80 billion. A sharp correction at 01:37-01:38 caused the price to drop by 5% to 0.00001505 before establishing a consolidation pattern.