From the SHIB/USDT perpetual chart (1000SHIBUSDT) above, here is a brief technical analysis:

1. Current Price & Movement

Last price: $0.012294 (-1.05%)

Mark price: $0.012301

24h High/Low: $0.012500 / $0.011915

Volume 24h: 7.98B SHIB

2. EMA Indicator

EMA(7): 0.012210 (price above this line → short-term bullish signal)

EMA(25): 0.012078

EMA(99): 0.012160 → Current price is above all three EMAs, indicating a light bullish signal.

3. RSI (Relative Strength Index)

RSI(6): 57.3 → Neutral–Bullish, not yet entering overbought (>70) or oversold (<30) territory.

4. Volume

Volume appears to be starting to increase again after hitting a bottom around 0.0102. This could indicate renewed buying interest.

5. Short Trend

Price briefly touched a bottom at 0.010275, then rebounded strongly.

Currently, the price is in a light consolidation phase, attempting to break through resistance at 0.0124–0.0125.

---

Conclusion & Suggestions

Short Term (scalping/day trade): There is light bullish potential if it can break and close above 0.0125. Short target at 0.0128–0.0132.

Long Term: Still in a downtrend (see 90–180 days volume and return), so remain cautious of a reversal.

Conservative entry: If the price can pull back to the area of 0.0120–0.0121 (near EMA99), then if there is a bounce, that could be a safe buying moment.

Stop Loss: Below 0.0119–0.0118 (today's low).

If you are holding from the entry of 0.0104 as you mentioned earlier, your position is still safe and in the profit zone, just maintain market momentum.