$SHIB

/JPY Technical Analysis

🔹 Last Price: ¥0.001782

💵 USD Equivalent: $0.00001217

📈 24h Change: +1.95%

🔺 24h High: ¥0.001786

🔻 24h Low: ¥0.001728

📊 Volume (SHIB): 3.83B SHIB

💰 Volume (JPY): ¥6.74M

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🔧 Key Support & Resistance Levels

Support Zones:

✅ ¥0.001773 – Short-term support

✅ ¥0.001757 – Stronger support

✅ ¥0.001728 – Daily low / critical support

Resistance Zones:

⚠️ ¥0.001786 – Immediate resistance (24h high)

⚠️ ¥0.001790 – Minor resistance above

⚠️ ¥0.001800+ – Breakout target zone

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📉 Volume & Moving Averages

Current Volume: 4.75M SHIB

MA(5): 72.17M SHIB

MA(10): 184.30M SHIB

📌 Short-term volume is low compared to moving averages, suggesting weak momentum but steady buying interest. The MA(5) is below MA(10) — indicating neutral to mildly bullish short-term sentiment.

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📊 Market Sentiment:

🔄 Price is consolidating just below resistance at ¥0.001786

✅ Positive momentum, but no clear breakout yet

📉 Lower volatility range: ¥0.00173 – ¥0.00179

🕵️‍♂️ Watch for a decisive breakout above ¥0.00179 with strong volume for bullish confirmation

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✅ Conclusion:

SHIB/JPY is currently trading in a tight consolidation range with mild upward pressure. A breakout above ¥0.001790 could push it higher toward ¥0.00182 – ¥0.00185. However, if it fails to hold above ¥0.001757, we might see a dip back to ¥0.001728 or lower.

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