SHIBUSDT Price Decline Amid Heavy Selling Volume Indicates Short-Term Downward Momentum

In the current SHIB/USDT trading analysis, I observe a significant selling volume of approximately 1.678 million ₮ within just 53 seconds, indicating a strong sell-off at this moment. The immediate price has slightly declined from 0.013874 to 0.013843, representing a 0.2% decrease, suggesting short-term downward pressure. Despite a 24-hour change of around 4.709%, recent 4-hour and 1-hour periods show minimal movement, with only a 0.33% and 0.18% increase respectively, while the last 15-minute interval demonstrates a slight decline of 0.24%. The 24-hour trading volume stands at 148.128 million ₮, evenly split between buy and sell orders, indicating balanced activity overall, but the recent surge in sell volume points to potential short-term bearish sentiment. The net volume trends over the last 15 minutes, 1 hour, and 4 hours all show decreasing activity by 36%, 24%, and 2% respectively, which could imply diminishing momentum in trading volume. The alert counts, with 1 in the past 24 hours and 4 hours, suggest recent notable trading signals but not an overwhelming frequency of alerts. Overall, the data reflects a momentary spike in selling pressure amid otherwise relatively stable trading volume and modest price fluctuations.