Is this the beginning of a greater correction?

- SHIB is trading near the 0.000011 brand.
- The trading volume jumped 24 hours by 292 %.
After the fixed market collapsed, the ceiling of the Meme Coin market reached 42.5 billion dollars after 15.1 % slide. Shaiba Eno has lost more than 7.81 % in the past 24 hours.
I opened the mem coin today commerce At an altitude of 0.00001211 dollars. Ultimately, the SHIB bears were pulled for trading on the downside, when it decreased 0.00001038 dollars. At the time of the press, the Meme currency was traded at $ 0.00001105, with a trading volume of $ 443 million.
Sheba Eno The burning rate It rises by 2060231.23 %. It is worth noting that 13,392,153 symbols were burned. To date, the SHIB 410.74 trillion gray system burned, leaving more than 584.36 trillion trading symbols.
Can Leib avoid more decrease?
The SHIB (MACD) is placed and the signal line is placed below the zero line. He loves strong and strong feelings and the possibility of increasing the negative side inside the market.
The flow of Chaikin (CMF), which evaluates the capital flow, includes the external flow of money where the value is located in -0.17. Meanwhile, the daily trading in Meme Coin increased by more than 292 %.
If SHIB fails to change the rolling track, the price may slip into a decisive support 0.00001037. A depth correction of the Meme coin may lead to a decrease in the price of $ 0.0000089.
Assuming that the bullish momentum has been reclaimed, the MG currency may find immediate resistance at the 0.001116 sign. Thus, SHIB can install high and resistance test at $ 0.000012.
Moreover, the SHII (RSI) daily relativity index indicates that the original is approaching the excessive sale province. Bull Bear Power (BBP) reading to -0.00000103 indicates that the bears dominate the market.
Release responsibility: The opinion expressed in this plan is only the author. It does not represent any investment advice. TENEWSCRYPTO team encourages everyone to conduct their own research before investing.
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