$SHIB /USDT Analysis – Low Volatility Before the Storm🤔🔐👇
Current Price: 0.00001188 USDT
Timeframes Analyzed: 1H & 1D
1H Timeframe Insights:⌛
Price Range: 0.00001186 - 0.00001195
Structure: CHoCH (Change of Character) marked on the left shows a bullish flip, followed by equal lows (EQL) as liquidity below.
Trend Observation: Price is consolidating above the green EMA with small-bodied candles, indicating indecision and reduced momentum.
Resistance Block: Heavy seller pressure seen from 0.00001191 to 0.00001240 (marked in red zone).
Support Zone: Strong base holding at 0.00001186.
Momentum (Stochastic RSI):📉
Oversold levels — blue at 5.05, orange at 13.27 — suggest a potential short-term bounce or price reaction to the upside.
1D Timeframe Insights:🧑🏫
$SHIB Price still under the 200 EMA (yellow) and major resistance zone between 0.00001212 to 0.00001500, showing long-term downtrend pressure.
Double CHoCH zones: Bearish confirmation on a higher timeframe with no current breakout.
Stochastic RSI: Cooling off from overbought levels, now at 72.26 / 70.93, indicating a possible local top formation if no bullish volume returns.
Key Levels to Watch:🔑
Immediate Resistance: 0.00001191 – Break above could lead to a short rally.
Support: 0.00001186 – Break below exposes 0.00001140 and possibly 0.00001020.
Bulls Need: Daily candle close above 0.00001212 to flip bias.
Bears Eyeing: Breakdown of equal lows near 0.00001150 for a liquidity sweep.
Pro Tip:👨🏫
Avoid chasing $SHIB in this tight zone. Either wait for a confirmed breakout of the upper resistance box or a liquidity sweep below EQL for a long re-entry.
Community Sentiment:🧑🏫
Mostly neutral, with short-term traders expecting a bounce, but higher timeframe traders are cautious unless volume kicks in.
Disclaimer:⚠️
This analysis is for educational purposes only and not financial advice. Always DYOR and manage your risk accordingly.