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📊 SHIB/USDT Chart Analysis & Market Sentiment
🔹 Current Price: 0.00001331 (-4.72%)
🔹 24H Range: 0.00001301 - 0.00001404
🔹 Volume: 2.14T SHIB
📉 Technical Overview:
SHIB has been in a downtrend, but it’s showing early signs of recovery after bouncing off the 0.00001301 support. The EMA indicators (21, 50, 100, 200) suggest the price is still below key resistance levels, but short-term momentum is shifting. The RSI (6) at 52.8 signals neutral momentum, and the MACD is turning positive, indicating potential bullish divergence.
📊 Market Sentiment:
With 5.96T in volume, SHIB is still actively traded, and whales could be accumulating at these levels. If momentum picks up, we could see a test of resistance soon.
🚀 Why I’m Watching SHIB?
SHIB remains one of the most hyped meme coins with strong community backing. A breakout above 0.00001364 could trigger a new rally.
📌 Key Levels to Watch:
🔸 Resistance: 0.00001340 - 0.00001364
🔸 Support: 0.00001301 (if broken, next major support lower)
⚡ Breakout or Fakeout? Keep an eye on volume and momentum!
#SHIB #ShibaInu #Crypto #Altcoins #Trading $BTC
📊 SHIB/USDT Chart Analysis & Market Sentiment
🔹 Current Price: 0.00001331 (-4.72%)
🔹 24H Range: 0.00001301 - 0.00001404
🔹 Volume: 2.14T SHIB
📉 Technical Overview:
SHIB has been in a downtrend, but it’s showing early signs of recovery after bouncing off the 0.00001301 support. The EMA indicators (21, 50, 100, 200) suggest the price is still below key resistance levels, but short-term momentum is shifting. The RSI (6) at 52.8 signals neutral momentum, and the MACD is turning positive, indicating potential bullish divergence.
📊 Market Sentiment:
With 5.96T in volume, SHIB is still actively traded, and whales could be accumulating at these levels. If momentum picks up, we could see a test of resistance soon.
🚀 Why I’m Watching SHIB?
SHIB remains one of the most hyped meme coins with strong community backing. A breakout above 0.00001364 could trigger a new rally.
📌 Key Levels to Watch:
🔸 Resistance: 0.00001340 - 0.00001364
🔸 Support: 0.00001301 (if broken, next major support lower)
⚡ Breakout or Fakeout? Keep an eye on volume and momentum!
#SHIB #ShibaInu #Crypto #Altcoins #Trading $BTC
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