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HomeCoinsShiba InuShiba Inu price analysis (Bullish) — 0.00 USDT (+1.70% 24h)

Shiba Inu price analysis (Bullish) — 0.00 USDT (+1.70% 24h)

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Market Insight — SHIBUSDT
Sentiment: Bullish

SHIB/USDT is showing encouraging momentum with a 1.7% gain over the past 24 hours, currently trading at $0.0000102. The token has managed to push above its 20-day SMA of $0.00001017, indicating near-term bullish pressure, while maintaining a comfortable position above the 50-day SMA at $0.00001006. RSI readings at 55.26 suggest the asset is neither overbought nor oversold, leaving room for further upward movement. Trading volume remains robust at $5.88 million, supporting the current price action. The moderate volatility of 3.06% provides reasonable trading opportunities without excessive risk. For traders, consider accumulating on dips toward the $0.00001006 support level with targets around $0.00001035. Maintain tight stop-losses given the meme coin’s inherent volatility, and watch for volume confirmation on any breakout attempts. The current technical setup favors cautious optimism for short-term gains.

Key Metrics

Price 0.0000 USDT
24h Change 1.70%
24h Volume 5882768.81
RSI(14) 55.26
SMA20 / SMA50 0.00 / 0.00
Daily Volatility 3.06%

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

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