Sentiment: Bullish
SHIB/USDT is showing intriguing technical signals after a significant 47.4% surge over the past 24 hours. The current price of $0.00001271 sits just below the 20-day SMA at $0.00001285 but above the 50-day SMA at $0.00001270, indicating potential short-term resistance. The most compelling signal comes from the RSI reading of 25, which places SHIB in deeply oversold territory despite the recent price appreciation. This divergence suggests the rally may have further room to run as momentum indicators reset. Trading volume of $17.5 million provides adequate liquidity for position entry. Given the high volatility reading of 2.88%, traders should employ strict risk management. Current conditions favor long positions with tight stops below the 50-day SMA, targeting a retest of recent resistance levels. The oversold RSI combined with price trading above key moving averages creates a favorable risk-reward setup for swing traders.
Key Metrics
| Price | 0.0000 USDT |
| 24h Change | 0.47% |
| 24h Volume | 17494136.56 |
| RSI(14) | 25.00 |
| SMA20 / SMA50 | 0.00 / 0.00 |
| Daily Volatility | 2.88% |
Shiba Inu — 1h candles, 7D window (SMA20/SMA50, RSI).
