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$SHIB 🔹 $SHIB / USDT — Shiba Inu Coin (Meme)
Overview:
Shiba Inu Coin is one of the largest meme coins, with a strong community and ecosystem growth (Shibarium, Burn, DeFi).
Price: approximately $0.00000719
Trend: Short-term bearish | Range breakout
Technical Analysis:
Support levels: $0.00000712 – $0.00000700
Resistance levels: $0.00000733 – $0.00000758
RSI: Oversold → Potential rebound
MACD: Bearish momentum but gradually weakening
EMA: Price below 20/50 EMA
Pattern: Sharp decline + consolidation
Trading Plan:
Entry: $0.00000710 – $0.00000718
Target: $0.00000733 / $0.00000758
Stop-loss: $0.00000690
Risk/Reward Ratio: approximately 1:3
Outlook:
Short-term: Technical rebound
Long-term: Community and burn narrative support
Market Sentiment: Cautiously optimistic 🐕