Recently, SHIB's price movement has been quite interesting. The price repeatedly tests the $0.000007 level, with the RSI indicator showing 46.4, indicating a neutral to slightly weak state—neither clearly overbought nor oversold.



From a technical perspective, the support and resistance levels are at $0.000007 and $0.000008 respectively, with the breakout point also pointing to $0.000008. Whether it can effectively break through this key level will determine if the trend is truly starting or if it will continue to be stuck.

The community's enthusiasm remains quite high. SHIB holders' confidence is warming up, with various discussions and creative content spreading, creating a generally positive atmosphere. But high enthusiasm doesn't necessarily mean the market will rise—this is a trap that can easily be fallen into.

Strategically, my approach is as follows: continue observing whether the price can really break above $0.000008. If the breakout is confirmed, consider increasing your position; if there are no clear breakout signals, maintain your current holdings and avoid chasing the high. Basically, wait for confirmation and don't let emotions drive reckless moves.

A special reminder during this period—playing in a volatile range can easily lead to emotional trading. Whenever your wallet balance is fluctuating, take a moment to calmly think: Is this trade really supported by logic, or is it just driven by community hype? Managing leverage and position size well is always the foundation for long-term survival.

So, the current advice is: stay steady and watch for a breakout. If $0.000008 can hold steady, then it’s worth being truly optimistic; if not, don’t rush, wait for the next opportunity.
SHIB0,22%
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RooftopReservervip
· 6h ago
Once again, it's this kind of repetitive testing market, I'm getting a bit tired of it. To be honest, high popularity doesn't equal a rise. I've heard that too many times. No matter how enthusiastic the community is, it doesn't matter. Just wait for the 08 line. If it can't hold, we'll have to wait. Really, don't be led by the rhythm. Leverage can be deadly. RSI 46.4 and you're willing to add to your position? I think you're overthinking it. Waiting for a breakout, there's nothing else. The rest is all gambling. I don't really trust the community hype anymore. As long as you're trapped, that's fine. Is it really possible to break above 08? I think it's uncertain. If this wave really breaks through, I'll believe in the technical analysis once. Otherwise, you're just continuing to deceive me.
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faded_wojak.ethvip
· 6h ago
Wait until breaking below 0.000008, then talk. For now, it's just repeated accumulation.
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Web3ExplorerLinvip
· 6h ago
hypothesis: this resistance at $0.000008 is basically the modern oracle network deciding whether shib's narrative gets bridged to the next layer or stays trapped in sideways purgatory... tbh the rsi at 46.4 gives me big "heraclitus river" energy, everything's in flux but nothing's committed yet
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RektRecordervip
· 6h ago
To be honest, being hijacked by community hype really hit home for me. That's how I got cut last time, haha.
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StakeTillRetirevip
· 6h ago
If 0.000008 can't be broken through, it seems like it will stay sideways for a long time.
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HashRatePhilosophervip
· 6h ago
Damn, this wave is indeed easy to be fooled by community hype
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