In a shocking twist of cosmic irony, most of the coins have decided to don their green jackets again, despite the day kicking off with all the enthusiasm of a sloth on a Monday morning, as reported by the ever-reliable CoinStats. 🦥
SHIB/USD
Now, if you were expecting the rate of SHIB to have done a dramatic pirouette since yesterday, you might want to sit down. It’s almost unchanged, which is about as exciting as watching paint dry on a rainy day. 🎨
On the hourly chart, SHIB finds itself lounging comfortably in the middle of a local channel, wedged between the support of $0.00001234 and the resistance of $0.00001277. It’s like being stuck in traffic, but with fewer honking horns. 🚗💨
As most of the Average True Range (ATR) has been passed, traders are unlikely to witness any sharp ups or downs by tomorrow. In fact, they might as well bring a book to read while they wait. 📚
Looking at the bigger picture (which is not quite as big as the universe, but we’ll take what we can get), the meme coin is far from the main levels. This means we’re likely to see ongoing sideways trading, which is about as thrilling as watching grass grow. 🌱
From a midterm perspective, the price of SHIB is nestled within the previous weekly bar, like a cat in a sunbeam. The volume remains low, confirming the absence of any buyers’ or sellers’ energy. In summary, the chances of seeing increased volatility anytime soon are about as likely as finding a unicorn in your backyard. 🦄
As of now, SHIB is trading at a thrilling $0.00001259. Hold onto your hats, folks! 🎩
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2025-06-09 19:26