Shiba Inu Price Analysis Powered by AI
SHIB Breaks the 0.000007 Floor: Bear-Flag Continuation Signals Next Liquidity Sweep
Market snapshot (SHIB)
- Current price:
0.000006606 - Timeframe provided: Daily (Nov → Feb 1) + last ~24h hourly
- Key context: Price has transitioned from a higher, sticky range (
0.000009–0.000010) in November → mid-range (0.000008) in December/January → recent step-down to0.000007and now printing0.0000066(Feb 1 hourly close).
1) Multi-timeframe trend analysis (structure)
Daily market structure
- Nov: mostly sideways to slightly up at
0.000009–0.000010. - Late Nov–Dec: drop/rotation into
0.000008, then breakdown into0.000007around Dec 18. - Dec 21 → Jan 1: extremely tight consolidation at
0.000007(many identical OHLC days). This is classic compression / volatility contraction. - Early Jan (Jan 2–6): expansion upward back to
0.000009–0.000010on rising volume (notably Jan 4–6). However, follow-through failed—price reverted to0.000008again. - Late Jan: returns to
0.000008, then breaks down to0.000007(Jan 29 onward). - Jan 31 daily candle: low touches
0.000006with close0.000007on high volume (~218M) → indicates distribution / forced selling or a liquidity sweep. - Feb 1 daily (partial/most recent): open ~
0.000006797, high ~0.000006886, low ~0.000006574, close ~0.000006606on ~143M volume → lower high + lower close under the0.000007prior floor.
Conclusion (daily structure): SHIB is in a downtrend / bearish regime with a decisive regime shift from 0.000007 (old floor) to 0.0000066 (new value area). Any long is counter-trend until 0.000007 is reclaimed and held.
Hourly market structure (last ~24h)
- Early hours: pop from ~
0.000006639to a local high ~0.000006894(07:00) → then consistent lower highs. - Midday: sharp sell leg to ~
0.000006590(15:00 low zone), followed by weak bounce. - Late session: drifting around
0.00000662–0.00000668and settling near0.000006606.
Conclusion (hourly structure): A bear flag / descending consolidation after the failed push to 0.00000689. Momentum is weak; rebounds are being sold.
2) Support/Resistance mapping (price action & volume memory)
Major resistance (supply)
0.000007000— critical pivot: former long consolidation and psychological handle. Now likely overhead supply.0.00000685–0.00000690— hourly swing high band (failed breakout area).0.00000800— previous multi-week base; well above current price; would require trend reversal.
Major support (demand)
0.00000657–0.00000660— intraday low/close cluster (current “line in the sand”).0.00000650— round-number magnet; likely where stops/liquidity sit.0.00000600— the Jan 31 daily low area; if0.00000650fails, this becomes the next larger downside target zone.
3) Momentum & oscillator read (inference from price sequence)
Because the dataset is discrete/step-like on daily candles, exact indicator values (RSI/MACD) would be distorted; however, the sequence still yields reliable directional signals:
RSI-style inference
- Persistent lower highs + failure to reclaim
0.000007suggests bearish momentum. - The selloff is not yet showing a strong V-reversal pattern; bounces are muted → consistent with RSI stuck below midline behavior.
MACD-style inference
- The breakdown from
0.000007and inability to regain it implies negative MACD histogram regime on short-term averages.
Net momentum: bearish-to-neutral, with bears in control unless price reclaims ~0.00000685–0.00000690 and then 0.000007.
4) Volatility & range analysis (ATR / contraction-expansion)
- Daily history shows long periods of flat candles (
0.000007prints) followed by abrupt expansions (Jan 4–6 pump; Jan 31–Feb 1 dump). - Last 24h hourly high-low range: approx
0.000006894 - 0.000006574 = 0.000000320. - Relative to price (
~0.0000066), that’s ~4.8% intraday range.
Implication: With volatility elevated post-breakdown, mean-reversion bounces can occur, but trend-following short setups generally have better expectancy until 0.000007 is reclaimed.
5) Pattern recognition
(A) Daily: failed expansion after consolidation
- Long compression at
0.000007→ breakout to0.000009–0.000010(Jan 4–6) → failure to hold gains → return to base. - Such “failed breakout” patterns often resolve with a move to the opposite side of the consolidation (i.e., under
0.000007). - That’s now happening: price is accepting below
0.000007.
(B) Hourly: bear flag / drifting distribution
- Spike to
0.00000689then a stair-step down with weak rebounds → classic bearish continuation structure.
Pattern implication for next 24h: higher probability of a retest of 0.00000657 and possibly 0.00000650 than an immediate reclaim of 0.000007.
6) Scenario forecast (next 24 hours)
Base case (most likely): bearish continuation with small bounces
- Price likely oscillates between
0.00000650–0.00000670, with a bias to probe liquidity below0.00000657. - Expected path: minor bounce attempts toward
0.00000668–0.00000672get sold → drift down → retest0.00000657.
Bull alternative (less likely): short squeeze to resistance
- If price reclaims
0.00000685–0.00000690(the failed swing high band), shorts could cover into0.00000700. - But given the recent acceptance below
0.000007,0.000007is expected to act as sell-wall unless accompanied by strong volume impulse.
Tail risk
- If
0.00000650breaks cleanly, next magnet is~0.00000600(Jan 31 daily low zone).
7) Trade plan logic (decision + optimal entry)
Given:
- Higher-timeframe downtrend
- Key pivot (
0.000007) now overhead resistance - Hourly bear-flag behavior
Preferred trade: sell rallies (short) into resistance rather than buy dips.
Optimal open (entry)
- Best risk/reward is to short near resistance, not at the lows.
- Primary entry zone:
0.00000670(near recent consolidation ceiling; allows tighter invalidation). - If a stronger bounce occurs, an even better (secondary) entry is
0.00000685–0.00000690, but it may not print.
Take-profit (close)
- First high-probability target is the local support pocket near
0.00000650. - That aligns with liquidity + round-number behavior.
24h expectation: mild downward drift; odds favor hitting 0.00000650 before reclaiming 0.00000690.
Notes (risk management not requested but relevant)
- Invalidation for the short thesis would be sustained trade above
0.00000690and especially above0.00000700(pivot reclaim).