SHIB Extends Rally as Open Interest and Trading Volume Fuel Bullish Hopes

SHIB gained over 10% as trading volume climbed to 210.90 million and open interest increased. Positive funding rates and bullish MACD signals support SHIB's recovery and growing market confidence. A breakout above $0.0000063 could push SHIB toward $0.0000068, while $0.0000056 remains key support. Shiba Inu is gaining momentum as buyers push prices higher. The meme coin climbed above $0.0000060 after a strong double-digit rally. Rising trading volume and open interest suggest growing participation across the market. Positive funding rates also point to improving trader confidence. Meanwhile, technical indicators show that bullish momentum remains strong.

Source: CryptoNewsLand