๐ถ $SHIB /USDT โ Time for a Bounce or Breakdown? ๐ฉป
$SHIB is trading at $0.00001452, slightly up on the day. However, the RSI is low and price is hovering near key support. Are the meme coin bulls prepping for a pushโor losing steam?
๐ Market Overview
๐ Current Price: ~$0.00001452
๐ 24h High: $0.00001491
โ๏ธ 24h Low: $0.00001412
๐ต 24h Vol (USDT): $23.99M
๐ Moving Averages
MA(7): $0.00001467
MA(25): $0.00001446
MA(99): $0.00001444
Volume MA(5): 115.5B
Volume MA(10): 85.0B
RSI(6): 39.74 (bearish to neutral)
๐ SHIB Trade Setup โ Levels to Watch
๐น Bullish Scenario (Bounce from support at $0.00001421):
Entry: $0.00001460+ breakout
Targets: $0.00001503, $0.00001585
Stop-Loss: $0.00001412
๐น Bearish Scenario (Breakdown below $0.00001412):
Entry: $0.00001410
Targets: $0.00001388, $0.00001380
Stop-Loss: $0.00001460
๐ Momentum Snapshot
โ ๏ธ RSI(6) under 40 = bearish pressure building
โ ๏ธ Price slightly under MA(7) = near-term trend weakening
โ Volume still elevated = whales possibly watching
๐จ At a Decision Point โ Bounce or Bleed?
SHIB is coiling near support, with volume staying strong. A clean breakout above $0.00001460 could open room for a run. But bulls must act quicklyโor risk a retrace.
๐ข Whatโs your call: Breakout incoming or support slipping?
๐ Drop your SHIB chart thoughts & levels.
