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SHIB's recent trend is indeed worth paying attention to. Although the afternoon market showed limited volatility, from a technical perspective, it still revealed some interesting signals.
In terms of price, SHIB is hovering around $0.000007, with a clear bullish sentiment. The RSI indicator reads 52.5, in a neutral to slightly strong zone, indicating that there is still momentum to push prices higher. The community has been quite active recently, with FOMO sentiment gradually increasing. This market atmosphere has provided some support for the price.
From a technical structure standpoint, $0.000007 is the current key support level. As long as this level holds, the upward channel remains intact, and there is a chance to test higher levels. Resistance above is at $0.000008; if a successful breakout occurs, a significant rally could follow.
Regarding my personal trading approach, I will first closely monitor the $0.000007 level. Once support is confirmed to be effective, I will consider small-scale position increases to test the waters. Conversely, if the support is broken, I will cut losses immediately. Ultimately, risk management always comes first.
It must be said that MEME coins rely heavily on community and sentiment. Recently, meme images and discussions in the community have increased noticeably, often indicating that a sentiment turning point may be near. But at the same time, it’s important to recognize that such assets are highly volatile and risky—never risk your entire assets or life savings.
In summary: the reasons to be optimistic include technical alignment, active community, and positive sentiment. However, strict risk control is essential in trading. Avoid full positions, don’t follow the herd, and stay rational. Whether this rally can be seized depends mainly on whether $0.000007 can hold in the next few days.