Shiba Inu (SHIB) – Analysis and Trading Strategy for June 1, 2025
Current Price: $0.00001275 USD
24h Volatility: +0.019%
24h Trading Volume: $132.91 million USD
Market Capitalization: $7.51 billion USD
Circulating Supply: 589.35 trillion SHIB
Max Supply: Unlimited
Analysis Time Frame: 4 hours and daily   
Technical Analysis
• Short-term Trend: SHIB is in a slight downtrend, with the nearest resistance at $0.00001349 and support at $0.00001250.
• Technical Indicators: 4h RSI at 45, indicating a neutral market. MACD gives a slight sell signal.
• Trading Volume: Steadily increasing, indicating stable interest from investors.
• Price Pattern: SHIB is trading in a “descending triangle” pattern, typically signaling a downtrend if support is broken. 
Short-term Trading Strategy
• Long Position: Entry: $0.00001260 – TP: $0.00001349 – SL: $0.00001200 – Success Probability: 60%
• Short Position: Entry: $0.00001349 – TP: $0.00001260 – SL: $0.00001380 – Success Probability: 65% 
Market Warning
• Risk: If SHIB breaks the support at $0.00001250, it could drop to the range of $0.00001200–$0.00001150.
• Note: Keep a close watch on the volatility of BTC and ETH, as they may affect the trend of SHIB. 
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