In the past 7 days, Shiba Inu (SHIB) has shown a slight recovery, currently trading around $0.00001190, with an increase of about 6% in the last 24 hours. Trading volume has also increased again, fluctuating around $140 million/day, indicating that money is returning to the memecoin group.


🔍 SHIB price chart and support/resistance levels:

📊 Technical support & resistance:

  • Resistance close: $0.00001220 → if broken, the next target is $0.00001260 and $0.00001310

  • Strong support: $0.00001130 → if this level is lost, the price could drop to $0.00001080 or lower

Technical signals are currently at a neutral level: The oscillator shows slight buying pressure, but MA still leans towards short-term selling.

📈Short-term analysis:

  • If SHIB surpasses the level of $0.00001220 with strong volume, the likelihood of entering a new uptrend cycle is very high.

  • Conversely, if there is a correction, the support zone of $0.00001130 will be a good buying point with a low stop-loss.

🧠 Strategy suggestion:

  • Short-term investors can 'scalp' in the range of $0.00001130–$0.00001220.

  • Medium-term wait for strong resistance to break then enter trades following the upward trend.

📣 Conclusion:
SHIB is at an important observation stage. Overall market volatility (BTC, ETH) and capital flows from the Solana ecosystem could act as a catalyst for the next price increase. Investors should closely monitor technical levels and signals from the Shibarium ecosystem.
#solana #shiba