$SHIB

📌 Current Price: 0.00001191 USD

📈 Increase Percentage (24 Hours): +3.21%

📊 Highest Price in 24 Hours: 0.00001197

📉 Lowest Price in 24 Hours: 0.00001145


✨ Technical Analysis – 15 Minute Time Frame:

SHIB coin has seen a strong rebound from the level of 0.00001145 to reach 0.00001197, recording bullish candles consistently above the moving averages (EMA 20 and 50).

🔸 The price is now moving above the EMA20 line at 0.00001184, a positive signal for the continuation of bullish momentum.

🔸 RSI(7) Indicator at level 63, still within a safe zone away from saturation.

🔸 Stoch RSI Indicator exceeds 90, which may indicate a slight correction approaching before continuing the trend.

🔍 Overview:

  • Overall trend on the short interval: Cautiously bullish

  • The price is testing local resistance at 0.00001197

  • The nearest support is at 0.00001178 then 0.00001145

🎯 Trading Recommendations:

📌 Short-term (Scalping):

  • Speculative entry at: 0.00001178 – 0.00001180 (if the price declines)

  • First Target: 0.00001197

  • Second Target: 0.00001220

  • Stop Loss: Break below 0.00001145 with confirmation candle

📌 Medium to Long-term:

  • Safe entry at: Closing above 0.00001200 with increasing trading volume

  • Potential Upward Targets:

    • 0.00001250

    • 0.00001330

  • Profit-taking zone gradually if the price approaches levels of 0.00001350


⏳ Important Note:

Despite the current rise, it's important to monitor resistance levels carefully, especially if 0.00001200 is not strongly broken, as we may witness sideways movement or a corrective decline before a new surge.

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