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Asteroid Shiba rallies 19% with strong volume and bullish signals, eyeing key resistance at $0.00036

Technical Signals
16 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

Asteroid Shiba (ASTEROID) has surged 19% in the last 24 hours, supported by a 72% increase in trading volume and rising Open Interest, indicating strong trader participation and confidence. The rally started after the price bounced off a demand zone at $0.00024 and is now testing resistance at $0.00036, a critical level for continuation. Funding Rates remain slightly negative, suggesting room for more upside as short positions could unwind, adding buying pressure. While momentum is building, confirmation above $0.00036 is needed to sustain the bullish run; otherwise, a short-term pullback may occur.

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