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HomeCoinsShiba InuShiba Inu price analysis (Bullish) — 0.00 USDT (+2.70% 24h)

Shiba Inu price analysis (Bullish) — 0.00 USDT (+2.70% 24h)

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Market Insight — SHIBUSDT
Sentiment: Bullish

SHIB/USDT is showing notable strength with a 2.7% gain over the past 24 hours, currently trading at $0.0000099. The token has broken above its 20-day SMA of $0.00000977, indicating short-term bullish momentum, though it remains slightly below the 50-day SMA at $0.00000993. Volume has been robust at over $16.9 million, suggesting genuine interest rather than speculative fluff. The RSI reading of 64.5 is approaching overbought territory but hasn’t crossed the critical 70 threshold yet. Volatility remains elevated at 4.64%, typical for meme coins but requiring careful position sizing. Traders should watch for a decisive break above the 50-day SMA for confirmation of continued upward movement. Consider taking partial profits near the $0.000010 psychological level if resistance holds. Stop losses around $0.0000095 would be prudent given the inherent volatility of SHIB.

Key Metrics

Price 0.0000 USDT
24h Change 2.70%
24h Volume 16925889.38
RSI(14) 64.51
SMA20 / SMA50 0.00 / 0.00
Daily Volatility 4.64%

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

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