Shiba Inu (SHIB) – Quick Overview & Targets
Price & Market
– Current Price: $0.00001254
– Market Cap: ~$7.4 B
– 24h Volume: ~$350 M
– 24h Change: -0.9%
Trend & Levels
– Short-Term MA (7): $0.00001235
– Mid MA (25): $0.00001280
– Support Levels: $0.00001190, $0.00001120
– Resistance Levels: $0.00001300, $0.00001380
Indicators
– MACD: Neutral with bearish tilt — consolidation phase
– RSI: ~47 — slightly bearish but not oversold
– Volume: Low – indecision in market
Catalysts
1. SHIB burns continuing — reducing circulating supply
2. Shibarium (Layer 2) rollouts gaining traction
3. Community-driven hype around SHIB metaverse and NFTs
4. Speculative investor interest during meme coin runs
Buy/Sell Zones
Aggressive Strategy:
– Buy Zone: $0.00001200–$0.00001240
– Targets: $0.00001300, $0.00001380, $0.00001500
– Stop-Loss: $0.00001160
Conservative Strategy:
– Buy Zone: $0.00001250–$0.00001270
– Targets: $0.00001350, $0.00001450, $0.00001580
– Stop-Loss: $0.00001200
Risks:
– High volatility due to meme coin nature
– Project dependency on Shibarium growth
– Sentiment-driven market movement
Not financial advice. Always DYOR.
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