Well, well, well! It seems the bears have returned, and they’ve brought along a whole heap of gloom, as most coins find themselves in the dreaded red zone, according to our good friends at CoinStats. 🐻💔
SHIB/USD
Now, if you’ve been keeping an eye on the SHIB, you’ll notice it has taken a tumble, falling by a staggering 3.48% in the last 24 hours. It’s like watching a dog chase its tail, only to trip over its own feet! 😂
On the hourly chart, our dear SHIB is inching ever closer to a local support level of $0.00001184. If it dares to break through that, we might just see it tumble down to the $0.00001170 mark. Hold onto your hats, folks! 🎩
Now, looking at the bigger picture, it appears there are no signs of a reversal just yet. If the daily bar decides to close near its low, traders might just witness a downward spiral to the $0.00001150 zone. It’s like watching a slow-motion train wreck! 🚂💥
From a midterm perspective, it seems neither the bulls nor the bears are taking the lead. If the candle closes around the current prices, we might be in for some sideways trading in the range of $0.00001150-$0.00001250. It’s a real nail-biter, folks! 😬
As of now, SHIB is trading at a modest $0.00001194. Keep your eyes peeled, because this rollercoaster ride is far from over! 🎢
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2025-04-15 18:51