đ $1000SHIB â Meme coin bounce, but longâterm trend is still a dog
Current price: 0.004989 (+19.50% today)
What's happening?
SHIB bounced from 0.004140 (24h low) and pushed up to 0.005011 â that's a +21% rally. Now it's holding near the highs at 0.004989, with a tiny pullback (barely 5% off the high). Volume is solid â 137.35M USDT â real participation for a meme coin. Buyers are absorbing the dip.
Key levels
· Resistance: 0.005011 â 0.005050 (24h high area)
· Immediate support: 0.004900 â 0.004950
· Major support: 0.004700 â 0.004750
If we break above 0.005050 đ
â 0.005200
â 0.005400
â 0.005600
If support fails â ïž
A break below 0.004900 could see a pullback to 0.004700â0.004750 before the next leg up.
Why I'm watching it (cautiously)
· 7âday +20.22% â strong shortâterm momentum
· 30âday +18.05% â decent mediumâterm uptrend
· Volume is strong â 137M USDT â liquidity is good
· The bounce from 0.004140 was clean â buyers are defending
· Price is hugging the highs â that's a sign of strength for a meme coin
â ïž THE BIG RISKS (read this carefully)
· 90âday -18.67%, 180âday -34.39%, 1âyear -64.06% â this coin has been DESTROYED longâterm
· Meme coins are PURE hype â they dump just as fast as they pump
· It's up 21% from the low â a pullback to 0.0047 is entirely possible
· This is a meme coin bounce on weak longâterm numbers â don't treat it like a serious investment
My take (plain English):
I like this above 0.004900 for a quick scalp. If it clears 0.005050, we could see 0.005200â0.005400. Keep your stop below 0.004700 and take profits FAST. This is a meme coin bounce on a coin that's down 64% in a year â size small, don't get caught holding.
đ Vibe: Bullish for the scalp â but don't get attached.
$1000SHIB
#CLARITYActToRewardWhiteHatHackers #SpaceXStarshipCompletesFirstTestFlightSinceListing #USJoblessClaimsFallToNearly60YearLow #IranClaimsUSDepotDestroyedInJordan #USFiresOnTankerBreakingIranBlockade
Current price: 0.004989 (+19.50% today)
What's happening?
SHIB bounced from 0.004140 (24h low) and pushed up to 0.005011 â that's a +21% rally. Now it's holding near the highs at 0.004989, with a tiny pullback (barely 5% off the high). Volume is solid â 137.35M USDT â real participation for a meme coin. Buyers are absorbing the dip.
Key levels
· Resistance: 0.005011 â 0.005050 (24h high area)
· Immediate support: 0.004900 â 0.004950
· Major support: 0.004700 â 0.004750
If we break above 0.005050 đ
â 0.005200
â 0.005400
â 0.005600
If support fails â ïž
A break below 0.004900 could see a pullback to 0.004700â0.004750 before the next leg up.
Why I'm watching it (cautiously)
· 7âday +20.22% â strong shortâterm momentum
· 30âday +18.05% â decent mediumâterm uptrend
· Volume is strong â 137M USDT â liquidity is good
· The bounce from 0.004140 was clean â buyers are defending
· Price is hugging the highs â that's a sign of strength for a meme coin
â ïž THE BIG RISKS (read this carefully)
· 90âday -18.67%, 180âday -34.39%, 1âyear -64.06% â this coin has been DESTROYED longâterm
· Meme coins are PURE hype â they dump just as fast as they pump
· It's up 21% from the low â a pullback to 0.0047 is entirely possible
· This is a meme coin bounce on weak longâterm numbers â don't treat it like a serious investment
My take (plain English):
I like this above 0.004900 for a quick scalp. If it clears 0.005050, we could see 0.005200â0.005400. Keep your stop below 0.004700 and take profits FAST. This is a meme coin bounce on a coin that's down 64% in a year â size small, don't get caught holding.
đ Vibe: Bullish for the scalp â but don't get attached.
$1000SHIB
#CLARITYActToRewardWhiteHatHackers #SpaceXStarshipCompletesFirstTestFlightSinceListing #USJoblessClaimsFallToNearly60YearLow #IranClaimsUSDepotDestroyedInJordan #USFiresOnTankerBreakingIranBlockade