2025-12-30 07:26:29

Recently, SHIB's technical outlook has attracted a lot of attention. The support level at $0.000007 currently appears somewhat fragile, and the RSI reading of 41.0 also indicates that market sentiment leans towards the pessimistic side. This is a signal worth paying attention to.

However, things may not be so absolute. Recently, there has been discussion in the market—whether investing $500 in a potential coin within a year could turn into $50,000. Although such predictions are often just hypothetical, they reflect that the community's enthusiasm for certain projects has never truly faded. The underlying support for SHIB still exists; as long as the hype persists, a sudden reversal is not entirely impossible.

From a technical perspective, SHIB's current price hovers around $0.000007, and it is currently in a retracement and consolidation phase. Key levels are support at $0.000007 and resistance at $0.000008. If the price can break through the $0.000008 barrier, it is likely to trigger a significant rebound.

Following conventional trading strategies, maintaining the current position with a stop-loss set at $0.0000065 and a profit target at $0.0000085 involves considerable risk, but this is a common dilemma faced by market participants.

What do you think about this technical pattern? Feel free to share your thoughts and join the discussion.

SHIB-2,04%

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TokenomicsShaman

· 13h ago

shib this wave is really testing human nature. The support level is so fragile that it still has to be stubbornly held. I'm a bit exhausted. --- Breaking 0.000008 and then rebounding? Dream on. It's better to pay attention to whether there are any sudden positive news. --- 500 to 50,000 sounds great, but in reality... I'll just stick to proper stop-loss strategies. --- RSI41 is so pessimistic that it actually makes me want to buy the dip, but I just don't have any money left haha. --- It's frustrating. It feels like the whole market is waiting for a signal, doing nothing. --- No matter how perfect the technical analysis is, it’s useless. The key is to have increased capital inflow. For now, let's just wait.

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MetaNomad

· 13h ago

Shib, this dog coin... Can it really 500x to 50k? I’m skeptical, but there is indeed underlying support. Breaking below $0.000008 might really have a chance. RSI 41 feels like it could go even lower, not so absolute. You still need to hold your position, or you'll regret missing out. Waiting for it to rebound, it's just a matter of probability.

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ThreeHornBlasts

· 13h ago

Support levels are so fragile... I feel like it's going to break, RSI has already dropped to 41. Turning $500 into 50,000 times? Dream on, haha. If 0.000008 can't break, it probably will continue to fall. When will SHIB, this dog coin, turn around? I'm almost falling asleep waiting. Surely no one is adding positions at this price, with such tight stop-losses, the risk is too high. Let's wait for a rebound signal; right now, only the brave are taking positions.

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ImpermanentTherapist

· 13h ago

Turning 500 into 50,000? Easy to say. If it were that simple, there would be no poor people anymore. The SHIB market is now repeatedly testing people's psychological bottom line. Why is it so difficult to break through 0.000008? It feels like it's stuck here and can't move.

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GameFiCritic

· 13h ago

Support for the fragile RSI is only 41, which indicates a problem... But the community's enthusiasm is still there, and this cannot be denied.

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GasFeeBeggar

· 13h ago

Shib, this crappy coin is at it again, talking about breaking through 0.000008... I think it's unlikely. 500 bucks turning into 50,000? Just hearin' it is enough; that's a pretty big dream. RSI41 should have already rebounded by now, but it's still stubbornly holding the support level. I dare not move. Feels like waiting for a signal, but who the hell knows when that signal will come. Did you set a stop-loss at 0.0000065, everyone? This tiny spread isn't worth gambling on.

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gaslight_gasfeez

· 13h ago

shib is still hovering... wait for a breakthrough of 0.000008, or else it will continue to be trapped.

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