Shiba Inu (SHIB) Dey Form Death Cross for December — Key Scenarios and Targets
Shiba Inu (SHIB) don show bearish signs for different timeframes: daily death cross happen earlier for 2025 (50‑day MA don under 200‑day MA) and new death cross form for 4‑hour TradingView chart for December, where 23‑period MA cross under 50‑period MA. The latest move confirm say short‑term bearish bias don return after weeks of weak price action. Traders suppose watch three practical scenarios: (1) small relief bounce go near mid‑$0.0000080s (near short‑term moving averages); (2) continue down to mid‑$0.0000070s support wey form during earlier market sell‑offs; or (3) long sideways “price limbo.” Volume and community activity still dey notable in earlier reports (24‑hour volume uptick and token burns), but technical momentum dey favour sellers now. Key levels: support ~ $0.0000070, resistance band ~ $0.000014–$0.000016 from earlier timeframe resistance and possible mean‑reversion to ~ $0.0000080. Risk‑to‑reward bad for holders now; short‑term volatility likely. Traders should monitor 4‑hour and daily moving averages, short‑term support at $0.0000070, and any break above the moving averages for bullish reversal signal.
Bearish
Di kombain ripot dem dey show say technical weakness don return for SHIB. One death cross for the 4‑hour chart—wey follow earlier daily death cross—mean say short‑term momentum dey side wit sellers. Di most likely short‑term outcome na one relief rally go mid‑$0.0000080s (mean reversion) or e go continue drop go mid‑$0.0000070s support; e fit also just sideways trade for long if nobody commit. Volume upticks and token burns show say community still active but dem nor fit cancel di negative moving‑average crossover signals. For traders, dis one mean higher short‑term downside risk and bad risk‑to‑reward for long positions till SHIB clear‑clear reclaim di short‑term moving averages or break above higher resistance. Stop management, position sizing, and dey watch MA crossovers and $0.0000070 support na di priority actions.