SHIB Surges 32% in a Single Session: Why This Rally is a Warning Sign

Shiba Inu (SHIB) just witnessed a massive 31.83% price surge in a single session, but technical indicators are flashing red. With the RSI hitting deep overbought territory at 79.88 and the Bollinger %B skyrocketing past 1.44, the current setup looks more like a mean-reversion trap than a confirmed bullish trend.
This sudden volatility highlights the extreme risks associated with memecoin trading. As the market faces potential exhaustion, the technical data suggests that a price correction could be imminent, making it vital for traders to distinguish between a sustainable breakout and a temporary liquidity spike.
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