$SHIB Current SHIB momentum indicates a bearish trend, with its price decreasing by 0.59% to $0.00000843. This decline is attributed to persistent selling pressure and a decrease in whale activity.

*Technical indicators:*

- The RSI indicates that the market is in the oversold area

- Moving averages indicate sell

- Candlestick analysis suggests a bearish trend

*Influencing factors:*

- _Decrease in whale activity_: The number of whales $SHIB has dropped to 10,205, indicating a decline in confidence among large holders.

- _Selling pressure_: The wide gap between EMAs indicates strong bearish momentum.

*Future expectations:*

- SHIB is expected to trade between $0.0000116 and $0.0000146 in the coming days.

- Its price may reach $0.000017 if the bullish momentum continues $SHIB

SHIB

0.0₅839

+0.11%