In the past few weeks, #SHIB has been on a downward trend, consistently below the 50, 100, and 200-day moving averages📉. However, since the end of November, prices have started to rebound slightly, with lower points gradually rising. If this trend continues, it may evolve into a more meaningful increase.
In the short term, selling pressure has clearly weakened, and trading volume is significantly lower than during the crash, indicating that market panic is subsiding. The RSI remains neutral, and SHIB is maintaining local lows, providing space for a rebound. The first target? The 50-day moving average, rather than pursuing a surge.
Reminder⚠️: The macro trend remains bearish, and breaking below the consolidation bottom may trigger a new round of decline. Now is the positioning phase, and a gradual corrective increase is more realistic.
