Shiba Inu $SHIB Market Update: Trading at $0.00001180 – Ready to Fetch Profits?

April 10, 2025

Shiba Inu $SHIB is barking at $0.00001180, and the market’s tail is wagging with opportunity! After a wild ride, SHIB is showing signs of a potential bounce. Let’s dig into the charts, news, and strategy to help traders maximize gains.

Market Moves: SHIB hit a 13-month low of $0.0000098 earlier this week (FXStreet, Apr 7), but it’s clawed back, up 11.45% in the last 24 hours (posts on X). The RSI is around 35, hovering near oversold territory (u.today, Apr 8), signaling a possible reversal. Resistance looms at $0.0000128-$0.0000138 (u.today, Apr 8), but breaking past could target $0.000015, a 27% gain. Support at $0.00001082 (u.today, Mar 25) offers a safety net if bears return.

Latest News: Whales are pouncing! Large investors scooped up 874 billion SHIB tokens worth $10.4M amid Trump’s tariff news (posts on X), showing confidence despite an 82% drop in burn rate (posts on X). Shibarium is nearing 1 billion transactions (u.today, Mar 29), and exchange outflows suggest accumulation (posts on X). However, the market’s still shaky—crypto futures saw $1.4B in liquidations recently (u.today, Apr 8), so volatility is high.

Trading Strategy: Buy $SHIB at $0.00001180-$0.000012, setting a stop-loss at $0.0000105 to manage risk. Target $0.0000138 for a quick 17% gain, but if momentum builds, $0.000015 is within reach. Watch whale activity and Shibarium updates—they could fuel the next leg up! SHIB’s volatility is your friend if played smart.

The Shiba pack is howling—are you ready to join the hunt? #ShibaInu