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$SHIB /USDT Analysis
Entry Zone: $0.00000550 – $0.00000565
Targets: $0.00000620, $0.00000680, $0.00000750
Stop Loss: $0.00000540
Analysis: SHIB is currently in a sustained bearish downtrend, trading at $0.00000568. The price remains suppressed below its primary moving averages, with the MA 7 ($0.00000558) providing temporary support, but the MA 25 ($0.00000572) and long-term MA 99 ($0.00000618) acting as heavy overhead resistance. The volume profile shows a lack of significant buying interest, as the asset continues to make lower highs following a steep decline from mid-February.