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📊 $SHIB / USDT – Today’s Chart Analysis (1H Timeframe)
(Based on your screenshot)
Current Price: ~0.00000649 USDT
24H Change: +3.84%
Trend: Short-term bullish, but nearing overbought zone
📈 Price Action
Price bounced strongly from 0.00000617 (intraday low).
Made a high near 0.00000653 and is currently consolidating above 0.00000645.
Structure shows higher highs and higher lows, which is a bullish sign.
Buyers are still in control, but momentum is slowing near resistance.
🔔 Indicators Analysis
Stochastic RSI
StochRSI: ~79 → Near overbought
K: 84, D: 76, J: 100
This indicates strong bullish momentum, but a short pullback or consolidation is possible.
🔑 Key Levels
Support Zones
0.00000640
0.00000625
Strong support at 0.00000617
Resistance Zones
0.00000653 (recent high)
Next resistance: 0.00000660 – 0.00000670
📌 Short-Term Outlook
✅ Bullish scenario:
If price holds above 0.00000640, it can retest 0.00000653 and possibly move toward 0.00000660+.
⚠️ Caution scenario:
If price fails to break resistance, a healthy pullback toward 0.00000630 – 0.00000635 is possible.
📝 Final Summary
Trend: Bullish (short term)
Momentum: Strong but near overbought
Strategy:
Avoid chasing at top
Better entries near support
Take partial profit near resistance
⚠️ This is technical analysis only, not financial advice. Always manage risk and use stop-loss.
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