$SHIB just jumped +7% and escaped a multi-month downtrend — finally a sigh of relief for holders. But don’t celebrate just yet...
📊 NVT ratio just hit an 11-month high — meaning SHIB might be overvalued. That could stall the rally.
💪 On the bright side, RSI climbed above 50 for the first time in 6 weeks. That’s a bullish momentum signal.
Right now, SHIB is testing $0.00001188 as support. If bulls push through $0.00001252, the path to $0.00001344 opens up.
Can the meme coin magic hold? Or is a correction coming?
