$SHIB /USDT is trading around 0.00000850, up 2.53% in the last 24 hours. Price is trying to push above short-term moving averages, showing the first signs of momentum returning.
• Price recently bounced from the 0.00000785 low and is now attempting to reclaim structure on the 4h chart.
• The key rejection wick at 0.00000952 still acts as a major short-term ceiling.
• MA7 and MA25 are tightening, hinting at a possible volatility breakout.
• Volume remains moderate, showing steady demand building but not yet confirmed by a strong spike.
• Trend bias is shifting from neutral to slightly bullish as candles close above short MAs.
Key Levels
• Support: 0.00000813 – 0.00000785 zone
• Resistance: 0.00000887 and 0.00000924
• Major breakout level: 0.00000952
• Trend: Early bullish shift if price holds above MA25
Outlook
$SHIB is slowly curling upward after a period of consolidation. If buyers maintain pressure above 0.00000850, the chart opens the door toward 0.00000887 and 0.00000924. A break and hold above those zones could invite a stronger rally.
Trading Idea
A potential long setup forms if SHIB holds above 0.00000840, targeting 0.00000887 first and 0.00000924 next.
Invalidation below 0.00000813 where momentum weakens again.
