Sentiment: Neutral
SHIB is showing signs of consolidation after recent selling pressure, with the token trading at $0.00001212, down 4.57% over the past 24 hours. The current price sits below both the 20-day SMA ($0.00001227) and 50-day SMA ($0.00001258), indicating near-term bearish momentum. However, the RSI reading of 42 suggests SHIB is approaching oversold territory, which could present a potential buying opportunity for contrarian traders. Volume remains healthy at nearly $20 million, showing continued market interest despite the price decline. The moderate volatility of 2.72% suggests relatively stable price action compared to SHIB’s typical wild swings. For traders, consider accumulating positions near current levels with tight stop losses below $0.00001180. Resistance awaits at the 20-day SMA, while a break above $0.00001260 could signal renewed bullish momentum. Risk management remains crucial given SHIB’s meme coin status and sensitivity to broader market sentiment.
Key Metrics
| Price | 0.0000 USDT |
| 24h Change | -4.57% |
| 24h Volume | 19987226.50 |
| RSI(14) | 42.10 |
| SMA20 / SMA50 | 0.00 / 0.00 |
| Daily Volatility | 2.72% |
Shiba Inu — 1h candles, 7D window (SMA20/SMA50, RSI).
