SHIB: To the Moon or Sideways?

Well, folks, the weekend’s here and the market’s lookin’ like it’s finally decided to shake off its Monday blues, according to CoinStats. 🤠

SHIB/USD

But our friend SHIB, bless its meme-loving soul, seems to be playin’ a different tune. While everyone else is doin’ a little victory dance, SHIB’s down a measly 0.3% since yesterday. Maybe it’s just tired from all the “to the moon” chants? 🙄

On the hourly chart, SHIB’s stuck in a real snooze-fest, trapped between a support line at $0.00001263 and a resistance line at $0.00001287. Talk about a tight squeeze! 😬

With neither side lookin’ particularly strong and the volume droppin’ like a lead balloon, don’t expect any fireworks by tomorrow. This is one party where the punch bowl’s run dry. 😴

On the bigger picture, SHIB’s just kinda hangin’ out, neutral as a Swiss bank account. If the buyers wanna make a move, they gotta push the price above $0.000013. Maybe then we’ll see a breakout to the $0.00001350-$0.000014 zone. But don’t hold your breath, folks. 🐌

The weekly chart, though, ain’t lookin’ so hot. Even if SHIB closes around its current price, it might not have enough oomph to keep goin’ up. Looks like sideways trading in the $0.000012-$0.000014 range is the most likely scenario. Meh. 🤷‍♂️

SHIB is currently trading at $0.00001278. Take it or leave it, folks. 👋

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2025-03-15 19:12