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HomeCoinsShiba InuShiba Inu price analysis (Neutral) — 0.00 USDT (-1.60% 24h)

Shiba Inu price analysis (Neutral) — 0.00 USDT (-1.60% 24h)

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Market Insight — SHIBUSDT
Sentiment: Neutral

SHIB is showing modest weakness, trading at $0.00001169 below both its 20-day SMA ($0.00001175) and 50-day SMA ($0.00001196), indicating near-term bearish pressure. The 24-hour decline of 1.6% reflects profit-taking after recent gains, though volume remains healthy at $19.8 million. RSI at 59 suggests neutral momentum with slight bullish bias – not yet overbought. Key support sits around $0.00001150; a break below could trigger further selling toward $0.00001100. For traders: wait for confirmation above the 20-day SMA before entering longs. Short-term scalpers might consider selling rallies toward $0.00001200 resistance. Position sizing remains crucial given SHIB’s inherent volatility of 2.68%. The memecoin sector remains sentiment-driven, so monitor Bitcoin’s direction for broader market cues.

Key Metrics

Price 0.0000 USDT
24h Change -1.60%
24h Volume 19887828.07
RSI(14) 59.21
SMA20 / SMA50 0.00 / 0.00
Daily Volatility 2.69%

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

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