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HomeCoinsShiba InuShiba Inu price analysis (Neutral) — 0.00 USDT (-2.01% 24h)

Shiba Inu price analysis (Neutral) — 0.00 USDT (-2.01% 24h)

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Market Insight — SHIBUSDT
Sentiment: Neutral

SHIB is currently trading at $0.00000977, showing modest weakness with a 2% decline over the past 24 hours. The price sits below both the 20-day SMA ($0.00000984) and 50-day SMA ($0.00000982), indicating near-term bearish pressure. However, the RSI at 45.71 suggests the asset is approaching oversold territory without being severely extended. Trading volume remains healthy at $10.6 million, providing adequate liquidity for position adjustments. The current volatility reading of 5.16% reflects typical meme coin behavior but suggests potential for sharp moves in either direction. For traders, consider accumulating near current levels with tight stops below $0.00000950, targeting a retest of the SMA cluster around $0.00000982-$0.00000984. Risk management is crucial given SHIB’s propensity for sudden volatility spikes. The convergence of SMAs suggests we’re approaching a decisive technical moment that could determine the next directional move.

Key Metrics

Price 0.0000 USDT
24h Change -2.01%
24h Volume 10599222.03
RSI(14) 45.71
SMA20 / SMA50 0.00 / 0.00
Daily Volatility 5.16%

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

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