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Thomaaas
SHIB is down 1.27% at $SHIB $0.000004576, but honestly, it's holding up better than most. It bounced off that $SHIB $0.000004541 low and the MACD just turned green, which is a nice early bullish signal. The problem? It's still trading below all three moving averages (MA5 at $0.000004613, MA20 at $0.000004968), so overhead resistance is heavy.
My best guess is we're range-bound between $0.000004540 and $0.000004720 for now. If it can break above $0.000004613 with volume, I'd expect a push toward $0.000004750-$0.000004800. But the whale news and weak burns aren't helping sentiment.
I'm neutral here. The MACD green is encouraging, but the structure isn't there yet. A clean breakout above $0.00000465 would make me more confident. Until then, I'm watching from the sidelines.
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