$SHIB – Technical Overview
$SHIB is trading within a descending triangle on the daily chart. Support is near $0.00001200, while resistance is defined by a downward-sloping trendline.
A breakout above resistance could spark a rally up to $0.00001600 (+34%), whereas a break below support may signal further downside.
Current Stats:
• Price: $0.00001278 (+small 24h gain)
• RSI: 51.59 → neutral
• MACD: recent bullish crossover → early signs of upward momentum
Futures open interest remains stable between $100M–$200M, suggesting lower speculative activity compared to prior peaks.
