$SHIB
๐ Immediate Bias: Neutral to Mild Bearish
On the hourly timeframe, indicators are balanced โ buyers and sellers both active with no clear direction yet. RSI is around neutral (~50), suggesting no strong momentum right now.
Price has recently slipped under the short-term 50-period EMA but remains above longer moving averages, indicating room for sideways to slightly lower movement.
๐ What Could Happen Next 12 Hours
Bullish scenario:
โ๏ธ Price holds above short-term support and buyers push above recent local highs โ mild upside moves.
Bearish scenario:
โ ๏ธ Failure to defend support and RSI weakens โ likely short-term pullback or sideways drift.
Short range expectation:
โก๏ธ Likely tight range / consolidation with possible slight bearish edge unless buyers break above key short resistance.
๐ Quick Candlestick Pattern Signals to Watch (Intraday)
Long upper wick: rejection and potential short pullback
Small body + high volume: indecision โ sideways action
Break & close above short resistance: signal for minor upside
(These are general price action patterns on short timeframes.)
๐ Summary (12-Hour)
Trend: Neutral to mildly bearish
Momentum: Balanced (RSI ~50)
Volatility: Low to moderate
Most likely: Sideways / small pullback before stronger move.
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