Sentiment: Bearish
SHIBUSDT is currently trading at $0.00001359, down 2.44% over the past 24 hours, indicating short-term bearish pressure. The RSI reading of 39.5 suggests the asset is approaching oversold territory but hasn’t reached extreme levels yet. Price is trading below both the 20-day SMA ($0.00001370) and 50-day SMA ($0.00001399), confirming the downward momentum. However, the decent 24-hour volume of $21.2 million shows continued interest despite the decline. The moderate volatility of 2.97% suggests manageable risk levels. Trading advice: Wait for RSI to drop below 30 for potential oversold bounce opportunities. Consider scaling into long positions near $0.00001350 with tight stops. Resistance awaits at the 20-day SMA level. Risk management is crucial given meme coin sensitivity to broader market sentiment.
Key Metrics
| Price | 0.0000 USDT |
| 24h Change | -2.44% |
| 24h Volume | 21204459.50 |
| RSI(14) | 39.53 |
| SMA20 / SMA50 | 0.00 / 0.00 |
| Daily Volatility | 2.97% |
Shiba Inu — 1h candles, 7D window (SMA20/SMA50, RSI).
