Here’s a quick summary and analysis of the $SHIB /USDT trading snapshot you shared:
Price Summary
Current Price: $0.00001442
24h Change: -7.74%
24h High: $0.00001574
24h Low: $0.00001418
24h Volume:
$SHIB : 3.47 Trillion
USDT: $51.26 Million
Technical Indicators
RSI (6): 39.20 — Nearing oversold territory (below 30 is considered oversold).
Trend: Short-term bearish (based on the 7-day and 90-day performance).
Recent Performance:
7 Days: -3.16%
30 Days: -1.84%
90 Days: -8.04%
1 Year: -40.78%
Key Resistance/Support (from depth & price levels)
Resistance: Around $0.00001574 – $0.00001615
Support: Around $0.00001418 – $0.00001408
Conclusion
$SHIB is in a bearish trend short-term, with high trading volume but showing weakness in price. The RSI suggests it may be approaching oversold conditions — meaning a potential rebound could occur soon, especially if market sentiment shifts.
If you’re trading or investing:
Short-term: Watch for a bounce near support zones (~$0.00001408–$0.00001418).
Long-term: Still down over 40% YoY; consider macro trends and memecoin sentiment before entering.
