So, it turns out bulls are feeling a bit under the weather today—like they just binge-watched a season of “The Bachelor” and realized they forgot to eat. 🐂💔 According to CoinStats, bears are strutting around like they own the place.
SHIB/USD
In a shocking twist, the price of SHIB has taken a nosedive, dropping by 6.47% since yesterday. I mean, who knew crypto could be so dramatic? 🎭
Looking at the hourly chart, SHIB is on a downward spiral after a false breakout of the local resistance at $0.00001398. If today’s candle closes far from that mark, we might as well grab some popcorn because the correction show is just getting started! 🍿
Now, if we zoom out and take a look at the bigger picture, it seems our beloved meme coin is playing hide and seek with key levels. If the candle decides to cozy up around current prices, we’re looking at some sideways trading in the range of $0.000012-$0.000014. How thrilling! 😴
On the weekly chart, sellers are throwing a party, and guess what? You’re not invited! The rate is creeping towards the support level of $0.00001231. If it breaks out, we might just witness a dramatic test of the vital area of $0.000010 by the end of the month. Grab your tissues! 😢
As of now, SHIB is trading at $0.00001354. So, keep your fingers crossed and your wallets ready! 💸
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2025-02-25 18:44