⚠️Warning: SHIB is extremely oversold, triggering a technical warning! RSI hits a new low, which may trigger a game of hundreds of billions of funds
Analysis of market structure:
$SHIB is currently in a multiple technical suppression range, and the price is running around 0.0000257000 USDT. The technical side shows typical oversold characteristics, with the one-hour cycle RSI being only 15.63 and the daily RSI being 26.95, both in the extremely oversold area. The Bollinger Band system shows that the medium- and long-term oscillation range is between 0.0000244223-0.0000330687, and the current price is close to the lower track support, indicating that the oversold rebound pressure is accumulating.
Key signal warning:
Except for the 5-minute MACD indicators, all periods have turned empty, and the trading volume continues to shrink, suggesting that the short-selling force is tending to exhaustion. It is particularly worth noting that there is extremely strong resistance at the daily line 0.0000260000 position (strength: 3.31), which may become an important breakthrough point for future rebounds. The oversold repair demand of the 4-hour RSI, coupled with the relatively low volatility (0.65), indicates that a violent market may be coming soon.
Strategy deployment suggestions:
Aggressive traders can gradually establish long positions near 0.0000254213 (lower Bollinger track), with the target at 0.0000260000
Conservative traders are advised to wait for the daily RSI to cover more than 30 before considering entering the market
The strategic stop loss is set below the support level of 0.0000252500 to ensure a risk-return ratio of >1:3
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