๐ **Shiba Inu (SHIB) Update โ Oct 28 2025 (Short-term/Scalp Style)
๐ Price: ~$0.0000115 USD per SHIB.
๐ Trend: Weak to neutral โ the large supply and modest recent momentum make upside limited.
๐ Sell (short) Entry: Around $0.0000120โโโ$0.0000123 (just above current price)
๐ฏ Target: Downside target ~ $0.0000090โโโ$0.0000100
๐ Stop Loss: If price rises above $0.0000140, then the short setup is invalidated
๐ง Market Note:
SHIBโs ecosystem (e.g., Shibarium L2, staking, NFTs) is developing, but the tokenโs huge circulating supply (~589 trillion SHIB) and market cap limit explosive moves.
The meme-coin space is competitive; newer tokens are diverting attention and funds, which may dampen SHIBโs nearโterm performance.
For a shortโterm scalping/trading strategy (as you prefer), the bearish setup fits โ unless SHIB breaks clear above resistance (~$0.0000140) to open a bullish reversal.
