SHIB Eyes Move Toward $0.00000750 as Buyers Hold Year‑End Control
SHIB (Shiba Inu) has shown modest gains, trading at $0.00000719 on December 26. Short‑term technicals indicate buyers control the market into year‑end, with hourly charts nearer resistance than support. A breakout above the nearest level at $0.00000729 could propel SHIB toward the $0.00000750–$0.00000770 zone. Mid‑term support is identified at $0.000007; if price closes clearly above that support, a bounce toward $0.00000750 becomes more likely. Traders should watch the $0.00000729 resistance and the $0.000007 support for potential entry or stop levels.
Bullish
The article reports that buyers are controlling the market and identifies a clear technical pathway for upside: a breakout above $0.00000729 could lead to a run toward $0.00000750–$0.00000770. Current price sits above the midterm support at $0.000007, which reduces immediate downside risk and increases the probability of a short‑term rally. Historically, meme coins like SHIB respond quickly to momentum-driven breakouts and year‑end liquidity flows; a confirmed resistance breakout often triggers rapid short‑term gains as traders pile in. For traders, the immediate catalyst is technical: monitor the $0.00000729 resistance for confirmation and use the $0.000007 support as a reference for stops. Long‑term implications remain neutral to cautiously bullish — without fundamental changes (ecosystem upgrades, listings, or macro moves), gains may be short‑lived and prone to volatility common in meme tokens.