$SHIBA INU ($SHIB ) Price Update

Current Price: $0.00002345 (-4.79%)

24h High: $0.00002536

24h Low: $0.00002259

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Trading Data

24h Volume (SHIB): 11.77 trillion

24h Volume (USDT): $282.18 million

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Key Moving Averages

7-Day MA: $0.00002387

25-Day MA: $0.00002405

99-Day MA: $0.00002562

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Technical Indicators

Bollinger Bands (BOLL): Indicates volatility; $SHIB remains near the lower band, reflecting bearish pressure.

Parabolic SAR (SAR): Points suggest a continuing downtrend.

MACD: Bearish crossover suggests momentum is in favor of sellers.

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Market Depth Highlights

Resistance Levels:

$0.00002627

$0.00002825

Support Levels:

$0.00002259

$0.00002232

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Outlook

$SHIB shows signs of a bearish trend as it tests key support levels. A rebound from $0.00002259 could signal consolidation or potential recovery. However, failure to hold above this level might result in further declines.

Traders should watch closely for shifts in momentum or increased buying volume to confirm any reversal.

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