# 🔥 Comprehensive Analysis of Shiba ...

*Signature: Coffee Maker ☕️*

## 1. 🎯 Overview of SHIB Coin

Shiba Inu (SHIB) is one of the most popular meme coins in the market, starting as a joke but evolving into a project with a massive community and strong support from individual investors, and even some institutions.

## 2. 📊 Support and Resistance: Key Levels for SHIB

### 🟢 Current Support Areas:

- **$0.000020**: Important psychological support, witnessed a strong bounce at this level.

- **$0.000017**: Strong previous support has become an attraction point for buyers.

- **$0.000014**: Historical support level representing the last strong price bottom.

### 🔴 Resistance Areas:

- **$0.000025**: Current resistance being tested and may break soon with buying momentum.

- **$0.000028**: Important level preceding a major upward wave.

- **$0.000032**: Highest peak recorded during the last strong upward wave.

> **Technical analysis says**: Any breakout above the $0.000025 level with high trading volume could propel SHIB into a quick jump.

## 3. 🐋 Tracking Whale Movements

### ✅ What are the big wallets doing now?

- Recently, there has been a **surge in SHIB accumulation** by 100 whale wallets.

- Some whales have transferred large amounts of SHIB from exchanges to cold wallets (a sign of long-term holding intentions).

- These movements usually occur before major upward waves.

### 🛎 Important Signals:

- When whales buy = the market is preparing for an upward move.

- When whales sell = be cautious, there might be a coming correction.

## 4. 📈 Recent Upward Movement

SHIB recorded an increase of about **+45%** in recent weeks supported by:

- Positive news about new launches in the SHIB ecosystem (like Shibarium).

- Increase in the number of new wallets daily.

- Community support and strong promotion on social media.

### ↗️ Current Upward Signals:

- Price is above the 50-day moving average.

- Positive crossover between the 20-day and 50-day moving averages.

- Relative Strength Index (RSI) around 62, still in the upward zone.

## 5. 🧭 General Market Trend

### 🟢 The market is currently in a moderate upward phase:

- Bitcoin remains stable above $65,000.

- Altcoins have started to move slowly but steadily.

- Liquidity is gradually returning to the market after a period of calm.

> With the improved risk appetite among investors, meme coins like SHIB could benefit significantly.

## ✅ Technical Recommendation:

Item Rating

General trend Upward

Buying zones Between $0.000018 – $0.000021

Close targets $0.000025 – $0.000028

Stop loss Clear break of $0.000017

General recommendation Hold / Partial buy at support

## ✍️ Summary from "Coffee Maker"

SHIB is currently moving in an upward channel supported by whale movements and market strength. Breaking the upcoming resistance could push the coin into a new wave of highs. If you’re an investor interested in meme coins, keep an eye on the big wallet movements, and leverage technical support to enter smartly.