Sentiment: Bullish
SHIB/USDT is showing strong momentum with a 1.83% gain over the past 24 hours, trading at $0.00001335. The price is currently above both the 20-day SMA ($0.00001325) and 50-day SMA ($0.00001316), indicating a bullish trend structure. The RSI reading of 66.67 suggests the asset is approaching overbought territory but hasn’t crossed the critical 70 threshold yet. Volume remains robust at $24.7 million, supporting the current price movement. Given the elevated volatility reading of 3.29%, traders should expect continued price swings. My recommendation is to consider taking partial profits near resistance levels while maintaining a core long position. Set stop-losses below the 50-day SMA to protect gains. Wait for any pullback to the $0.00001320-$0.00001325 zone for better entry opportunities rather than chasing the current move.
Key Metrics
Price | 0.0000 USDT |
24h Change | 1.83% |
24h Volume | 24774486.17 |
RSI(14) | 66.67 |
SMA20 / SMA50 | 0.00 / 0.00 |
Daily Volatility | 3.29% |
Shiba Inu — 1h candles, 7D window (SMA20/SMA50, RSI).