Shiba Inu Bullish Momentum Explodes As Buying Pressure Intensifies

AI Briefing

• – Trader sentiment in Shiba Inu derivatives market has swung from -200 million to +400 million in net longs in just a week, with buying pressure intensifying and open interest reaching over 6 billion.
• – The upward momentum of SHIB has been growing explosively, with prices rising steadily from $0.00000615 to $0.00000660, forming a pattern of higher lows and higher highs.
• – For the upside to continue, SHIB needs to hold above the $0.00000665 to $0.00000670 range, or risk correcting sharply if buyers don't defend it.