Night has fallen, but the crypto world is still dancing.
The price of SHIB is repeatedly testing around 0.000007, with an RSI reading of 52.0. This level appears to be neither overbought nor oversold. Although the bulls are currently in the lead, it's not yet time for a breakout. The support and resistance levels are quite clear—support at 0.000007 below, and resistance at 0.000008 above, which is also the breakout point. Only if it truly stabilizes above this level will it be interesting.
The recent community activity has been quite fascinating. Every time the price moves, various discussions and memes flood in, and the FOMO atmosphere is spreading. It seems many are contemplating whether to add more. But there's an interesting phenomenon here—people are no longer just playing with the coin price itself; they are participating in a carnival of community culture. Memes, jokes, and teasing are spreading like viruses.
From a trading perspective, the current market is quite volatile, which can easily lead to greed. But a rational approach would be to wait until the price stabilizes a bit or until clearer technical signals appear before taking action. After all, whether the 0.000008 level can truly be broken depends on observation, and rushing to chase the high carries significant risk.
This is not investment advice, just some observations on the current market rhythm. Playing the heartbeat game is fine, but keep an eye on your positions—don't let passion burn your wallet. During this evening period, the market tends to be more active, so staying alert is always a good idea.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
5
Repost
Share
Comment
0/400
DeFiCaffeinator
· 9h ago
0.000008 If I can't break it, I'll just keep lying flat. Anyway, SHIB is like that—whenever it rises, it's all jokes.
View OriginalReply0
shadowy_supercoder
· 9h ago
Can this level 0.000008 be broken? Feels uncertain.
View OriginalReply0
GhostAddressMiner
· 9h ago
0.000008 can really break through? From what I see, those dormant addresses have shown signs of unusual activity these past two days. We need to keep a close eye on the on-chain footprints.
View OriginalReply0
MiningDisasterSurvivor
· 9h ago
It's the same pattern again. If 0.000008 can't break through, it's just the cycle of repeatedly getting chopped. I've experienced this too many times.
View OriginalReply0
tx_pending_forever
· 9h ago
Cryptocurrency community still partying in the middle of the night, I’m also stunned
It’s time to chase the highs again, can this wave break 8?
RSI is over fifty, when will it explode? So exhausted
FOMO is really intense, everyone in the group is going crazy
Position management is key, don’t follow the trend and send money
If 0.000008 can’t break, I’ll just watch the show
Night owl trading is the most exciting, but it’s hard on the body
Community jokes are growing faster than the coin price haha
Should I cut profits now or hold on? Would like to hear everyone’s thoughts
Sounds like people are advising me not to chase the highs, but I still want to do it
Waiting to see if it will rebound, it’s too risky to jump in now
I just want to ask if this time it can really stabilize and go up
Night has fallen, but the crypto world is still dancing.
The price of SHIB is repeatedly testing around 0.000007, with an RSI reading of 52.0. This level appears to be neither overbought nor oversold. Although the bulls are currently in the lead, it's not yet time for a breakout. The support and resistance levels are quite clear—support at 0.000007 below, and resistance at 0.000008 above, which is also the breakout point. Only if it truly stabilizes above this level will it be interesting.
The recent community activity has been quite fascinating. Every time the price moves, various discussions and memes flood in, and the FOMO atmosphere is spreading. It seems many are contemplating whether to add more. But there's an interesting phenomenon here—people are no longer just playing with the coin price itself; they are participating in a carnival of community culture. Memes, jokes, and teasing are spreading like viruses.
From a trading perspective, the current market is quite volatile, which can easily lead to greed. But a rational approach would be to wait until the price stabilizes a bit or until clearer technical signals appear before taking action. After all, whether the 0.000008 level can truly be broken depends on observation, and rushing to chase the high carries significant risk.
This is not investment advice, just some observations on the current market rhythm. Playing the heartbeat game is fine, but keep an eye on your positions—don't let passion burn your wallet. During this evening period, the market tends to be more active, so staying alert is always a good idea.