Coin Name : $SHIB
The crypto market is always unpredictable, and Shiba Inu (SHIB) is now at a crucial point that could determine its next major move. If you’ve been following SHIB, you’ll know that it’s been showing strong bearish momentum, but right now, the price is sitting at its last major support zone. This is a key moment for traders, as we might see either a strong bounce or a massive breakdown.
Short-Term Setup – A Temporary Relief?
Analyzing the 1-day timeframe, SHIB has reached an important support level, meaning there’s a good chance for a correction or a small upward movement before deciding its next direction. Looking at MACD histogram data, we can see that the bearish pressure is weakening, indicating a potential short-term bullish reversal. If the correction plays out, we might see a 10-12% price increase before the next big move.
Long-Term Outlook – A Bigger Picture
Taking a broader view, SHIB’s liquidity heatmap shows something interesting. There’s a massive $1.5 billion liquidity cluster around the $0.25 price range. In simple terms, this means there’s strong buying interest at this level, and if the market structure supports it, SHIB could eventually make a move toward that liquidity zone.
The Big Question – Breakout or Breakdown?
This is where things get tricky. While the short-term setup suggests a potential bounce, we must consider an alternative scenario. If SHIB fails to hold its support and breaks below, it could trigger a massive panic sell-off, leading to even lower price levels.
Key Things to Watch for SHIB Traders
1️⃣ Support Level: Will SHIB hold this critical zone, or will it break below?
2️⃣ MACD Momentum: Bearish pressure is slowing, but will it lead to an actual bounce?
3️⃣ Liquidity Target: If SHIB moves up, the next major target is around $0.25.
4️⃣ Breakdown Risk: If support fails, we could see a heavy price drop due to panic selling.
🚀 What’s your prediction? Will SHIB bounce back or fall further? Share your thoughts below! 🚀
