Hi fans, here is some latest update about #SHIBA🚀

Shiba Inu (SHIB) continues to be one of the most watched meme coins. After periods of sideways movement, there's been renewed interest, mixed technicals, and some ecosystem developments. Here’s a closer look at what’s happening:

📊 Key Price / Market Data

Current Price: Around $0.0000133–$0.0000134 USD on Binance.

24-Hour Movement: Price has seen a modest gain (~+1.5-5%) depending on the source.

Support & Resistance Zones:

Support seems to be around $0.00001300-$0.00001308

Resistance roughly in the $0.00001340-$0.00001350 area. If SHIB breaks through, there is potential for further upside.

🔧 Technical Indicators & Trends

SHIB is trading above major moving averages (MA-20, MA-50, MA-200) in some reports, which reflects bullish structure in short-, mid-, and long-term timeframes.

There’s a note of overbought signals in some indicators, suggesting caution for short-term traders. Momentum may be strong, but risk of pullback increases when overbought.

Buyers are defending support near $0.00001300, which is seen as a key zone.

⚠ Risks & What Could Go Wrong

If SHIB fails to hold above the ~$0.00001300 support, there could be a slide toward lower levels.

Profit-taking by long-term holders is a possibility (and some evidence of this). Could cap upside momentum.

Overbought signals mean short-term corrections are possible. Also, broader market conditions (e.g. regulatory, macro) could affect sentiment rapidly.