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HomeCoinsShiba InuShiba Inu price analysis (Bullish) — 0.00 USDT (+0.41% 24h)

Shiba Inu price analysis (Bullish) — 0.00 USDT (+0.41% 24h)

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Market Insight — SHIBUSDT
Sentiment: Bullish

SHIB/USDT is showing strong momentum with a 41.2% surge over 24 hours, accompanied by substantial volume exceeding $18 million. The price currently trades at $0.0000122, sitting above both the 20-day SMA ($0.00001215) and 50-day SMA ($0.00001212), indicating bullish near-term structure. RSI at 56.52 suggests room for upward movement before hitting overbought territory. However, the elevated 2.64% volatility reading signals potential choppiness. Traders should watch for consolidation above the SMAs for continuation plays, with immediate resistance likely forming around the $0.0000125-0.000013 zone. Risk management is crucial given meme coin susceptibility to sentiment shifts. Consider scaling into positions on pullbacks toward SMA support, with tight stops below $0.0000118 for protection against sudden retracements.

Key Metrics

Price 0.0000 USDT
24h Change 0.41%
24h Volume 18014435.36
RSI(14) 56.52
SMA20 / SMA50 0.00 / 0.00
Daily Volatility 2.64%

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

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