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).