SHIB (SHIB/USDT) is currently trading at $0.0000075, showing a 1.2% increase today. The intraday high was $0.0000076, and the low reached $0.0000073.
RSI analysis: The Relative Strength Index (RSI) is around 58, indicating that SHIB is not overbought or oversold, suggesting neutral market conditions. It’s in a good position for potential price movement in either direction.
MACD analysis: The MACD line is above the signal line, showing bullish momentum. If the MACD continues to rise, it could lead to further upward movement.
Liquidity map analysis: Strong buy orders are clustered around $0.0000074, acting as a support level. Resistance is seen near $0.0000078, with potential for a breakout if this level is surpassed.
Support and resistance: Support is at $0.0000073, and resistance is at $0.0000078. A breakout above resistance could signal further gains.
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