$SHIB
Shiba Inu (SHIB) is currently trading at $0.00001594, with a 3.74% increase in the past 24 hours. Here's a breakdown of the market situation:
- *Current Price:* $0.00001592
- *Market Cap:* $9.42 billion
- *24-hour Trading Volume:* $501.28 million
- *Circulating Supply:* 589 trillion SHIB
- *Total Supply:* 590 trillion SHIB
*Technical Analysis:*
- *Short-term Signal:* Neutral, with oscillators indicating a buy signal
- *Moving Averages:* Suggesting a buy signal
- *Relative Strength Index (RSI):* Indicates potential overbuying, suggesting a correction might be due
*Trading Insights:*
- *Support Level:* $0.00001186, aligned with a downward wedge pattern base
- *Resistance Level:* $0.00001567, with potential targets at $0.000016 and $0.00001961
- *Potential Price Movement:* Some analysts predict a 20% surge, targeting $0.000016 breakout soon
*Market Sentiment:*
- *Bullish Sentiment:* Growing interest in SHIB, with potential rebound signals
- *Bearish Sentiment:* Weakening demand and profit-taking signals suggest a possible pullback ¹ ²$SHIB