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thechainanalyst Avatar The Chain Analyst @thechainanalyst on x XXX followers Created: 2025-07-20 08:08:32 UTC

Current Short-Term Technicals

TradingView & both flag a Strong Buy on hourly indicators and moving averages .

Key short-term signals:

RSI (~57) suggests bullish momentum, not yet overbought .

MACD is neutral but trending positive .

Stochastics in buy zone, though StochRSI hints at slight overbought – watch for a pullback .

🔍 2-Hour Price Outlook

SHIB is likely to test near-term resistance around $XXXXXXXXXX (recent intraday high).

If momentum holds, expect a mild breakout toward $0.00001530–$0.00001540.

Beware short pullbacks—support lies near $0.00001480–$0.00001490 (MA5–10).

✅ Key Drivers to Watch

FactorImpact

Volume SpikeStrong buying volume pushes price upward. Rejection from ResistanceCould trigger retracement to XXXXXXXXX. Macro Crypto SentimentBitcoin/ETH movement may drag SHIB along.

🛠 Strategy Suggestions

Short-term traders: Enter on dips near $0.00001490, target $0.00001530, with tight stop near $XXXXXXXXXX.

Scalpers: Fade overbought stochastics and RSI—look for small retracements.

Trend followers: Hold as long as hourly MAs remain ascending (they are) and SHIB stays above XXXXXXXXX.

⚠️ Risk Reminder

Technicals are bullish, but:

StochRSI signals may bring a short pause.

Market shocks from BTC/ETH could reverse intraday patterns. #SHIBARMY $shib #ShibaInu

XX engagements

Engagements Line Chart

Related Topics shib momentum signals

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