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HomeCoinsShiba InuShiba Inu price analysis (Bullish) — 0.00 USDT (+5.35% 24h)

Shiba Inu price analysis (Bullish) — 0.00 USDT (+5.35% 24h)

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Market Insight — SHIBUSDT
Sentiment: Bullish

SHIB/USDT is showing strong momentum with a 5.35% surge over the past 24 hours, currently trading at $0.00000866. The token has decisively broken above both its 20-day SMA ($0.000008498) and 50-day SMA ($0.000008305), indicating sustained bullish pressure. Volume remains robust at $11.2 million, supporting the current price action. However, the RSI reading of 66.67 is approaching overbought territory, suggesting potential near-term consolidation. Traders should watch for resistance around the $0.00000870-$0.00000880 zone, which could trigger profit-taking. For active positions, consider taking partial profits on further strength while maintaining a core position with stops below $0.00000840. The elevated volatility of 4.8% underscores the need for careful position sizing in this memecoin.

Key Metrics

Price 0.0000 USDT
24h Change 5.35%
24h Volume 11220699.83
RSI(14) 66.67
SMA20 / SMA50 0.00 / 0.00
Daily Volatility 4.80%

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

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