Research Brief — $SHIB on 1h


The current market sentiment for #1000SHIB remains bearish, with the price trading below the recent high and heading toward critical support levels.


The trend is pointing downwards, highlighted by the breach of minor support around 0.008562, indicating a possible continuation towards the major support zone near 0.008404 to 0.008466. Should the price maintain below this support with strong volume, further declines to approximately 0.008025 may be anticipated. Conversely, a break above 0.009128 could signal a bullish reversal, prompting a reassessment of the current bearish outlook. Traders may consider short positions on pullbacks to the supply zone near 0.00885–0.00891 if confirmed by reversal candlesticks.


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November 30, 2025 at 7:41 PM
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