SHIB / TetherUS

May 20, 2025, Shiba Inu (SHIB) Analysis

62
Market Overview

24h Change: +0.00000 (0.00069%)

24h High: $0.00001503

24h Low: $0.00001396

Technical Indicators
Resistance Levels:

$0.00001460 – $0.00001480: Short-term resistance zone.

$0.00001520: Recent peak before the current consolidation.
CryptoRank
+2
TradingView
+2
CoinMarketCap
+2

Support Levels:

$0.00001400: Psychological support.

$0.00001380: Key support level; a drop below may indicate further downside.
Yahoo Finance
+25
NFT Evening
+25
CoinDesk
+25

Moving Averages:

MA(7): Approximately $0.00001410

MA(25): Approximately $0.00001446

MA(99): Approximately $0.00001745

The price is currently trading between the MA(7) and MA(25), indicating a neutral short-term trend.

Suggested Trading Strategy
Given the current market conditions:

If Holding: Consider setting a stop-loss slightly below the $0.00001400 support level to manage potential downside risk.

If Planning to Take Profit:

TP1: $0.00001460

TP2: $0.00001520


If Price Breaks Below Support:

Monitor for a potential drop to the $0.00001380 level.


The market is exhibiting low volatility with the price consolidating in a narrow range. A breakout above the $0.00001460 – $0.00001480 resistance zone could signal a bullish move towards $0.00001520. Conversely, a drop below the $0.00001400 support may lead to a retest of the $0.00001380 level.

Disclaimer

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