$SHIB 📉 — situation as of August 14 - strong decline 🔴

🔴Price $0.00001276, daily drop ≈ –8.2%.

MA(7) is going sharply down and is below MA(25) and MA(99) — the trend is definitely downward.

RSI(6) ≈ 20 — this is a deep oversold zone, so a short-term technical rebound is possible, but the global selling pressure is still strong.

The lowest level for the day — $0.00001267 — is now acting as key support.

🔍 Likely scenario $SHIB for today:

If SHIB holds support at $0.00001267 and RSI starts to rise — we could see a bounce into the zone of $0.00001293–$0.00001326.

If there is a breakout downward — the next support zone is around $0.00001240.

Trading volumes have decreased after the peak — buyers are not rushing to return yet.

💡 My forecast:

Short-term: a small rebound is possible due to oversold conditions.

Medium-term: there is still no confirmation of a reversal, the risk of further decline remains.

🎯 Signals $SHIB

Long — only on a breakout above $0.00001293 with volume confirmation.

Short — on a breakout below $0.00001267 and a close below it.

#SHIB #Trading #CryptoAnalysis 📊