+8.02% for Shiba Inu — volatility and conflicting charts hint at possible correction

Traders Union
All News
Crypto
Shiba Inu jumps 8.02% today

Highlights

SHIB trades at $0.0000075, showing short-term positive momentum above the MA-20 but remaining below both MA-50 ($0.00000807) and MA-200 ($0.00001107).
Intraday surged 8.02% with high volatility toward session highs, but daily indicators (MACD, RSI, Stoch RSI) are mixed, signaling caution due to momentum divergences.
Baseline scenario projects SHIB stabilizing between $0.0000073 and $0.0000077 this week, with less than 20% probability of a sustained price increase.

Volatility rises as momentum signals divergence and correction risk

Technically, daily momentum is mixed: the MACD on D1 remains in strong sell territory, the ADX sits at a weak 24.93 with ongoing seller dominance, and the RSI is mildly bearish at 46.8. Stoch RSI is fully overbought at 100, while the CCI is neutral, highlighting momentum discrepancies and a risk of correction. The Bull/Bear Power (BBP) signals strong buyer dominance intraday, with the price closing at the session high and no opening gap, confirming high volatility and strong buying interest into session highs. However, conflicting signals among momentum indicators and oscillators indicate an underlying divergence, so caution is warranted.

Bearish tilt persists as range-bound trading expected

For the coming week, SHIB is expected to remain within a typical volatility band between $0.0000073 and $0.0000077 relative to current levels. While momentum indicators currently suggest a low probability (less than 20%) of a sustained upward move, a decline appears more likely in the short term. A breakout above $0.0000077 would be required for a bullish scenario, whereas sustained closes below $0.0000073 would indicate a bearish breakdown. The baseline expectation is that SHIB will stabilize within this sideways price range.

Viktoras Karapetjanc, expert at Traders Union, sees Shiba Inu’s mixed technicals as a reflection of uncertainty but also upcoming potential. He notes that there is strong buyer activity intraday, despite persistent bearish signs in momentum indicators. Karapetjanc believes the short-term base is holding, and stabilization is likely unless key levels are broken. Any bullish breakout will require confirmation above $0.0000077. "With sentiment showing pockets of strength even in a weak macro landscape, SHIB could surprise to the upside if buyers reclaim key resistance."

Previously it was reported that Shiba Inu is trading below all key moving averages, with persistent bearish momentum confirmed by a strong sell MACD, elevated ADX, and oversold RSI and CCI levels, suggesting sustained weakness and limited buying interest. The asset remains constrained by resistance near the Ichimoku Kijun and faces a high probability of sideways movement within a tight range unless support breaks or clear upside momentum emerges above key resistance.

Source of Data: SHIB Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.