๐ฅ $SHIB Coin Market Analysis: Bullish or Bearish? ๐ถ๐๐
Shiba Inu ($SHIB), the โDogecoin killer,โ is once again in the spotlight as the market searches for clear direction. ๐ง Will SHIB bark louder this week, or is the hype cooling down?
๐ผ Bullish Signals:
$SHIB recently showed strong support near the $0.000020 mark, bouncing back with decent volume. Whale accumulation is on the rise ๐, and SHIBโs integration into Shibarium Layer 2 continues gaining momentum. Community activity remains high, with active wallet addresses increasing ๐. If Bitcoin stays stable, SHIB could push toward $0.000025+ in the short term.
๐ฝ Bearish Pressure:
On the flip side, SHIB faces tough resistance around $0.000024, and low burn rates this week are slowing deflationary pressure. If BTC dips below $65K, meme coins like SHIB could bleed harder. RSI is also nearing overbought levels on the 4H chart โ a possible pullback?
๐ฏ Key Levels to Watch:
๐ Support: $0.0000195
๐ Resistance: $0.0000245
๐ Bullish Target: $0.000027
๐ Bearish Scenario: $0.000017 if momentum fades
In this volatile phase, SHIB is a coin to watch closely. Whether bullish or bearish โ smart entries and exits are everything! ๐๐พ
#SHIBArmy stay sharp! Let us know in the comments: Are you holding or trading this dip?
๐ Like | ๐ฌ Comment | ๐ Share to stay ahead in the crypto race!
๐ #ShibaInu #MemeCoinSeason #BinanceTrending #SHIBAnalysis #CryptoNews
