Markets· ★★· bearish·

SHIB at $0.0000053: weekly drop of 8.29% on below-average volume

  • —SHIB at $0.0000053, down 8.29% weekly and 0.92% daily
  • —Volume of $53.39M is 37.33% below the 30-day average
  • —RSI at 44.7 and bearish MACD show no confirmed reversal
  • —Resistance at $0.0000055, support at $0.0000053 and 90-day SMA of $0.0000050
Why it matters: Without a volume pickup and a move back above $0.0000055, a rebound looks unlikely, while a break of $0.0000050 would add selling pressure.
Source: DiarioBitcoin