SHIB/USDT – What do the key indicators say? Short-term analysis

💹 Current price: 0.00001259 USDT (+5.36%)

📊 Trading volume: 18.03 million USDT

Trend: Upward short-term momentum from the low of 0.00001183, but the price is slightly below EMA(25) and EMA(99), indicating possible resistance.

Indicators:

EMA(7): 0.00001241 → support for short-term growth

MACD and stochastic RSI show increasing momentum, but a pullback is possible upon reaching the overbought zone

RSI(14) ≈ 50 → neutral, RSI(7) ≈ 58 → short-term bullish trend

Targets:

TP1: 0.00001275 (+1.3%)

TP2: 0.00001295 (+3%)

TP3 (main): 0.00001320 (+4.9%)

Support: 0.00001240 and 0.00001210

⚠️ A short-term pullback is possible when encountering EMA(25/99) or the overbought zone.

$SHIB