🚀 SHIB Inu on the Edge: What’s Next?
Technical Analysis Overview:
• Current Price: $0.00002786 (4.26% down)
• RSI (6): 43.28 (Neutral Zone)
• Support: $0.00002183
• Resistance Levels:
• $0.00003343
• $0.00003419
Chart Observations:
• Moving Averages:
• MA(7): $0.00002905
• MA(25): $0.00002762 (current price holding above!)
• Volume Trend: 1.19T Shib traded in the last 24 hours – showcasing growing interest.
Money Flow Insights:
• Large buys dominate with +2.3B inflows in the last 15 mins.
• 5-Day Trends: Despite heavy sell-offs, a gradual accumulation trend emerges, indicating whale involvement.
🐾 Price Targets:
1. Short-term: $0.00003100
2. Mid-term: $0.00003650
3. Long-term Bullish: $0.00004250
🚨 Market Sentiment:
• Bullish Catalyst: Rising interest in SHIB burn and ecosystem expansion.
• Risk: Low volume might limit price explosion in the short term.
