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).