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🔹 $SHIB / USDT — Shiba Inu (Meme)
Overview:
Shiba Inu is one of the largest meme tokens, backed by a strong community and ecosystem growth (Shibarium, burns, DeFi).
Price: ~$0.00000719
Trend: Short-term bearish | Range breakdown
Technical Analysis:
Support: $0.00000712 – $0.00000700
Resistance: $0.00000733 – $0.00000758
RSI: Oversold → bounce possible
MACD: Bearish momentum but slowing
EMA: Price below 20/50 EMA
Pattern: Sharp breakdown + consolidation
Trade Plan:
Entry: $0.00000710 – $0.00000718
Targets: $0.00000733 / $0.00000758
Stop Loss: $0.00000690
R:R: ~1:3
Outlook:
Short-term: Technical bounce
Long-term: Community & burn narrative supportive
Sentiment: Cautious optimism 🐕
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$SHIB