$SHIB is still being treated like dead weight, and that’s exactly why I like it 👀
Price is sitting at $0.00000549, down 0.72% on the day, while the 4h is up 1.5% and the stack is still bullish above the 20d and 50d MAs. That’s not panic. That’s compression.
Volume is only $8.83M, so this move isn’t loud yet. RSI at 56 says it’s not cooked either. Reminds me more of $BNB when nobody was screaming, not some runaway meme top.
If $0.00000550 gets accepted, I’d expect SHIB to keep grinding. If it rejects hard there, I’d watch for a fakeout and fade the hype. Simple.
What am I missing on SHIB?
#ShibaInu
#Altcoin
#Memecoin
Price is sitting at $0.00000549, down 0.72% on the day, while the 4h is up 1.5% and the stack is still bullish above the 20d and 50d MAs. That’s not panic. That’s compression.
Volume is only $8.83M, so this move isn’t loud yet. RSI at 56 says it’s not cooked either. Reminds me more of $BNB when nobody was screaming, not some runaway meme top.
If $0.00000550 gets accepted, I’d expect SHIB to keep grinding. If it rejects hard there, I’d watch for a fakeout and fade the hype. Simple.
What am I missing on SHIB?
#ShibaInu
#Altcoin
#Memecoin