๐ Shiba Inu (SHIB) โ Price Analysis & Trading Setup ๐
๐ Current Price (22 Aug 2025): $0.0000185
Shiba Inu (SHIB) has once again captured tradersโ attention as meme coins are regaining momentum in the market. With Bitcoin showing stability above key support levels, altcoins like SHIB are getting stronger buying pressure.
๐น Technical Analysis:
RSI (Relative Strength Index): Currently near 52, showing a balanced momentum with space for upside before overbought levels.
MACD: Bullish crossover forming, indicating growing upward momentum.
Support Zone: $0.000017 โ $0.0000175 (strong buyer interest).
Resistance Zone: $0.000020 โ $0.000022 (breakout point).
๐ฏ Trading Levels:
Target 1: $0.000020
Target 2: $0.000022
Stop Loss: $0.000017 (close below support cancels bullish setup).
๐ฎ Market Sentiment:
SHIB remains one of the most traded meme coins on Binance, supported by a massive global community. Recent volume spikes suggest whales are quietly accumulating, which could trigger a price push in the short term. If Bitcoin remains stable, SHIB has potential for a 10โ15% short-term move.
๐ก Why SHIB is Attractive for Beginners:
Low price, easy to enter even with $5โ$10.
Strong community support, always trending.
High liquidity โ easy to buy/sell anytime.
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โจ Conclusion:
Shiba Inu (SHIB) is showing a healthy setup with bullish indicators pointing towards upside movement. A break above $0.000020 could confirm momentum toward $0.000022 and beyond. Safe trading strategy is to enter gradually, use stop-loss, and take partial profits at targets.
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๐ฅ Hashtags:
#SHIB #ShibaInu #Crypto #Altcoins #MemeCoin #CryptoTrading #BullRun #Binance ๐