SHIB Might Just Be the Newest Diving Champion – Hold Your Breath!

It seems most of the shiny coins in the top 10 are taking an unceremonious dip today, much like a cat in water, according to the ever-reliable CoinStats. 🐱💦

SHIB/USD

Well, bless its heart, the price of SHIB has decided to decline by a whopping 3.79% in the last 24 hours. It must be auditioning for a sad story! 😢

As we gaze deeply into the hourly chart, it appears SHIB is closer to finding support than making a mad dash towards resistance. Should today’s closing bar decide to nap around these prices or even below, we might soon be peering into the depths of the $0.000013 zone. 🔍💰

As for the longer view, well, it’s looking a tad more gloomy than sunshine and rainbows. If our dear support at $0.00001282 happens to break, we could gather enough energy to plummet right down to the $0.000012-$0.00001250 range. Quite the dramatic fall! 🎭📉

From a midterm standpoint—a fancy way of saying “the next little while”—SHIB’s taking a leisurely stroll in the middle of a wide channel, bouncing between the support of $0.00001028 and the resistance of $0.00001234. A real tightrope act! 🎪🤹

But hold onto your hats! If there’s a breakout at the interim level of $0.000013, we could very well witness a thrilling test of the $0.000011-$0.000012 range. Buckle up, folks! 🎢

As of now, SHIB is trading at a humble $0.00001332. Let’s all raise a glass to our fickle friend in the crypto world! 🍻

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2025-07-29 19:24