Sentiment: Neutral
“`json
{
“analysis”: “SHIB is currently trading at $0.00001168, showing modest weakness with a 1.77% decline over the past 24 hours. The technical picture reveals an oversold condition with RSI at 38.23, suggesting potential for a near-term bounce. Price action sits below both the 20-day SMA ($0.000011759) and 50-day SMA ($0.0000117878), indicating persistent bearish pressure in the medium term. However, the proximity to these moving averages suggests we’re approaching a critical inflection point. Trading volume of $6.36 million appears healthy but not explosive. Given the current technical setup, I’d recommend waiting for a confirmed break above the 20-day SMA before considering long positions. For existing holders, this might present a potential accumulation zone, but strict stop-losses below recent lows are essential. The volatility reading of 2.74% suggests relatively stable conditions for SHIB, which could favor range-bound trading strategies in the immediate term.”,
“tags”: [“shiba inu analysis”, “memecoin trading”, “crypto technical analysis”, “altcoin strategy”, “shib price prediction”],
“sentiment”: “neutral”
}
“`
Key Metrics
| Price | 0.0000 USDT |
| 24h Change | -1.77% |
| 24h Volume | 6355187.94 |
| RSI(14) | 38.23 |
| SMA20 / SMA50 | 0.00 / 0.00 |
| Daily Volatility | 2.74% |
Shiba Inu — 1h candles, 7D window (SMA20/SMA50, RSI).
