Meme coins like SHIB and DOGE seem to be hitting a rough patch lately. With market saturation and investors shifting their attention to more established cryptos, these tokens have been struggling to hold their ground.
As for SHIB, it’s holding at 0.00002629, up a modest +2.46% in the last 24 hours. Here’s what the charts are saying:
Parabolic SAR hints at a short-term upward trend.
MACD shows some bullish momentum, but it’s not exactly fireworks.
Stochastic RSI is neutral at 43.40, leaving room for the price to climb before it’s considered overbought.
The key now? Breaking through the resistance at 0.00002649. If SHIB can push past that, it might aim for 0.00002800. If not, we could see it sliding back to its support level at 0.00002451.
Meme coins may be fun, but they’re also unpredictable. Stay sharp and trade smart! #Dyor