🚀 #SHIB : What’s Next?
Shiba Inu (
$SHIB) is at a critical turning point as market sentiment remains mixed.
🔹 Bearish Side: Whales are offloading holdings, increasing downward pressure.
🔹 Bullish Side: A breakout above resistance could trigger a rally (Target: $0.00004401).
📉 Market Overview
🔴 SHIB continues to drop, losing 11.08% in the last 24h.
🔸 Current Price: $0.00001304
🔸 Market Cap: $ 7.68B (-11.08%)
🔸 24h Volume: $324.9M (+15.90%)
📊 Technical Analysis
- Price broke key support levels**, signaling a stronger bearish trend.
- Trading volumes are rising, mostly driven by sell-offs.
- MACD remains in the red, confirming downward momentum.
- Next support zone: $0.00001300 – $0.00001000
⚠️ What’s Next?
- Watch for demand zones—if selling pressure eases, SHIB could consolidate before its next move.
- A potential bounce or further drop depends on upcoming whale activity and market conditions.
Do you expect a reversal or more downside? 🤔👇
$SOL back
