Recently, I noticed an interesting phenomenon: under the heavy pressure on Ethereum, SHIB has shown many technical highlights. Although the short-term decline reached 4.5%, from a deeper indicator perspective, the market seems to be brewing new opportunities.
The RSI indicator is currently at 50.6, which is right in the neutral to slightly bullish range. The support level remains stable at $0.000008, while the resistance level is around $0.000009. According to conventional technical analysis logic, once the price successfully breaks through this key resistance at $0.000009, the subsequent space could be quite substantial—many even see the $0.000010 level.
From a trading perspective, such breakout points often trigger chain reactions. Many participants choose to set stop-loss orders above the support level and gradually increase their positions after the breakout. For example, a common strategy is to control the initial position at 30% of total funds, and if the resistance is successfully broken, add another 20%. This staged approach to building positions tends to be more stable in volatile markets.
Of course, the market is never without variables. The key is whether trading volume can keep up and whether there are enough buy orders to support the breakout. Interested friends can pay close attention to the performance around the $0.000009 level.
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MerkleMaid
· 3h ago
Hey, is SHIB about to rise again? I was still waiting for 0.000008, has it broken through?
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ImpermanentPhilosopher
· 01-12 22:40
Bro, this analysis is pretty solid, but I still believe that without volume catching up, any breakout without volume is just a mirage.
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CexIsBad
· 01-11 09:55
Wait, RSI 50.6 is called neutral leaning strong? I think the author is overthinking it. This is just the standard midline, there's no such thing as leaning strong...
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DataOnlooker
· 01-11 09:53
Hmm... Is breaking 0.000009 really that easy? I think it's mostly a test of patience.
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ServantOfSatoshi
· 01-11 09:50
Can Shib turn things around? I'm a bit confused, it feels like every time it's said, then nothing happens haha
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Breaking through the 0.000009 level is more unlikely, don't get caught in a trap
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Breakouts that don't match the volume are all lies, my painful lessons
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Wait, is there really something this time? RSI neutral leaning slightly strong, it hasn't collapsed yet
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I agree with building positions gradually, but for a coin like shib... it's better to be cautious
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Once again, favoring shib, I've seen this script hundreds of times
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The key is the supporting volume, otherwise it's just a false breakout
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ResearchChadButBroke
· 01-11 09:39
What is this damn Shiba Inu coin up to again... Can it really break through 0.000009? I think it's doubtful.
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LightningHarvester
· 01-11 09:36
Persimmons should still be eaten soft. The key is whether SHIB can break through 0.000009 this time. I don't believe in a breakout without volume.
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ForumLurker
· 01-11 09:36
Wait a minute, can shib really break 0.000009 at this level... The trading volume doesn't look very strong to me, feels like they're trying to trick me into catching the bottom again.
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OnChainArchaeologist
· 01-11 09:32
You're trading SHIB again, buddy... Trading volume is really the key. Without a support base, a breakout is just a paper tiger.
Recently, I noticed an interesting phenomenon: under the heavy pressure on Ethereum, SHIB has shown many technical highlights. Although the short-term decline reached 4.5%, from a deeper indicator perspective, the market seems to be brewing new opportunities.
The RSI indicator is currently at 50.6, which is right in the neutral to slightly bullish range. The support level remains stable at $0.000008, while the resistance level is around $0.000009. According to conventional technical analysis logic, once the price successfully breaks through this key resistance at $0.000009, the subsequent space could be quite substantial—many even see the $0.000010 level.
From a trading perspective, such breakout points often trigger chain reactions. Many participants choose to set stop-loss orders above the support level and gradually increase their positions after the breakout. For example, a common strategy is to control the initial position at 30% of total funds, and if the resistance is successfully broken, add another 20%. This staged approach to building positions tends to be more stable in volatile markets.
Of course, the market is never without variables. The key is whether trading volume can keep up and whether there are enough buy orders to support the breakout. Interested friends can pay close attention to the performance around the $0.000009 level.