📈 Analysis and forecast for $SHIB on Binance: further prospects? 📉
As of 13:27 EEST, July 4, 2025, the rate on Binance is $0.00001157, showing a decline of 3.58% over the last 24 hours. A decrease in trading volume and a correction after the recent surge reflect a temporary weakening of interest in Shiba Inu, a popular meme coin on Ethereum.
Technically, $SHIB is in a consolidation phase. On the 4-hour chart, the 50-day SMA is approaching the 200-day, signaling a neutral zone with the risk of further decline. The RSI (14) around 42 indicates approaching oversold conditions, which may hint at a possible rebound. Key resistance is at $0.000012, a breakout of which could lead to $0.000013. Support is located at $0.000011, below which is $0.000010. Holding above $0.00001157 is critical for stabilization.
Forecast: In the coming days, SHIB may test the support at $0.000011, with a chance of rebounding to $0.000012 upon recovery of demand. By the end of 2025, a rise to $0.000015–$0.000020 is possible if token burning and the development of Shibarium continue. The long-term outlook for 2030 is $0.00005+, assuming mass adoption and new partnerships. Risks include volatility and competition with other meme coins. The market shows mixed sentiments, with forecasts above $0.000012, but some traders expect a test of $0.000010.
Outlook? A drop of 3.58% and a price of $0.00001157 are close to the support at $0.000011. Buying at $0.000011 with a target of $0.000012 and a stop-loss at $0.000010 may be justified. SHIB stands out thanks to its strong community and support from Binance, which supports its potential. Community activity and market speculation highlight the likelihood of recovery.
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