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HomeCoinsShiba InuShiba Inu price analysis (Neutral) — 0.00 USDT (+0.33% 24h)

Shiba Inu price analysis (Neutral) — 0.00 USDT (+0.33% 24h)

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Market Insight — SHIBUSDT
Sentiment: Neutral

SHIB/USDT is showing modest bullish momentum with price currently at $0.00001216, trading above its 20-day SMA ($0.00001207) but still below the 50-day SMA ($0.00001241). The 0.33% 24-hour gain indicates tentative buying pressure, though volume remains moderate at $25.3 million. RSI at 55.17 suggests neutral-to-bullish momentum without overbought conditions. The key resistance lies at the 50-day SMA – a decisive break above this level could trigger momentum towards $0.000013. However, traders should note the elevated volatility reading of 2.59%, suggesting potential for sharp moves. My advice: consider scaling into long positions above the 50-day SMA with stops below $0.00001180. Short-term traders might range trade between the SMAs, while longer-term holders should wait for clearer directional conviction. Monitor Bitcoin’s movement closely as meme coins like SHIB remain highly correlated with overall market sentiment.

Key Metrics

Price 0.0000 USDT
24h Change 0.33%
24h Volume 25385997.55
RSI(14) 55.17
SMA20 / SMA50 0.00 / 0.00
Daily Volatility 2.59%

Shiba Inu — 1h candles, 7D window (SMA20/SMA50, RSI).

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