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HomeCoinsShiba InuShiba Inu price analysis (Bearish) — 0.00 USDT (-1.57% 24h)

Shiba Inu price analysis (Bearish) — 0.00 USDT (-1.57% 24h)

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Market Insight — SHIBUSDT
Sentiment: Bearish

SHIB is currently trading at $0.00001313, down 1.57% over the past 24 hours, with volume at $18.14 million. The RSI reading of 19.1 indicates severe oversold conditions, typically suggesting potential for a short-term bounce. Price is trading below both the 20-day SMA ($0.00001340) and 50-day SMA ($0.00001330), confirming the bearish trend structure. However, the proximity to these moving averages suggests we’re approaching critical support levels. Volatility remains elevated at 3.34%, indicating continued market uncertainty. Trading advice: Wait for RSI to recover above 30 before considering long positions. Current levels might attract dip buyers, but any rally should be treated as corrective until price reclaims the 20-day SMA. Risk management is crucial here – set tight stops if attempting to catch the bottom.

Key Metrics

Price 0.0000 USDT
24h Change -1.57%
24h Volume 18143878.68
RSI(14) 19.12
SMA20 / SMA50 0.00 / 0.00
Daily Volatility 3.34%

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

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