Brief Technical Analysis for $SHIB #shiba⚡ Shiba Inu (SHIB) based on the recent sources I provided:
- General trend: In the short term, the data indicates the presence of volatile pivots and limited trading around a low range, with some neutral signals at the moment.
- Resistance and support: Close levels around 0.0000129–0.0000132 USD as resistances, and support around 0.0000114–0.0000106 USD.
- RSI: Usually in a neutral to slightly downward range around the midpoint, giving inconclusive signals currently.
- MACD: In some updates shows weak momentum or inconclusive crossings, making the short-term trend unclear.
- Potential entry signals: Look for a clear breakout above resistance with strong volume, or a clear breakout below support while maintaining negative momentum.
- Risks: High volatility and meme market fluctuations could change the landscape quickly.
#ETHBreaks4000 #CryptoIn401k #BitcoinSPACDeal #USFedNewChair