2026-01-21 15:23:14

Shiba Inu Coin (SHIB) recently formed its first death cross on the 3-hour chart, with the 50-day moving average approaching below the 200-day moving average. Speaking of this signal, it's not unfamiliar — it accurately predicted SHIB's dip to a low of 0.00000681 USD in mid-December last year.

Currently, SHIB is trading around 0.00000782 USD. Although it has slightly increased by 0.09% in the past 24 hours, this week's decline has reached 10.02%, indicating overall weakness. Interestingly, a dragonfly doji pattern has appeared on the daily chart, which often signals a potential reversal.

From a technical perspective, resistance is tightly held at the 50-day moving average of 0.000008 USD, while support depends on whether 0.00000688 USD can hold steady. These two levels will be the key in the coming period.

SHIB1,99%

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MEVHunter

· 10h ago

Death cross + dragonfly cross, this rhythm is quite interesting... Last year's prediction of 0.00000681 was indeed remarkable, but it's different now. How are arbitrage bots reacting in the mempool?

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