The performance of SHIB lately has indeed been suffocating. The price repeatedly faces pressure at key levels, trading volume is sluggish, and the volatility is enough to test anyone's nerves. Many have already announced giving up, as if this path has come to an end.
But if we look back at the past candlestick charts, we’ll find an interesting phenomenon. In February of this year, when the market was in despair, SHIB experienced a violent rebound of 400%. What were the conditions that triggered that rally? It was precisely the current "damaged" state—exhausted selling pressure, extremely low trading volume, and market sentiment at freezing point.
**What does the technical analysis say?**
On the four-hour chart, the area between 0.06978 and 0.06996 is filled with resistance. These densely packed trapped positions are like energy waiting to be released. When we switch to the daily chart, an interesting signal appears—although indicators look weak, with RSI deeply in oversold territory, the trading volume suddenly shows abnormal activity. This contradictory phenomenon sometimes signals that a reversal is brewing.
**Why focus on these details?**
The market logic is actually very cruel. The big moves often start when everyone least expects it. When the price drops to levels where most want to cut losses, and all technical indicators point to "danger," it might actually be the moment when big funds quietly position themselves. Human fear is often exploited as the best tool for accumulation.
**What should you do in practice?**
If you already hold SHIB, this is not the time to panic. The key is to watch that short-term moving average, and once volume supports a breakout of resistance, the trend could change instantly. That’s the opportunity to follow in.
If you’re still on the sidelines, the current price isn’t a bad entry point either. But the premise is—set your stop-loss carefully. Trading is never gambling; it requires clear risk management. Also, set your take-profit points to prevent profits from slipping away.
Mindset is equally important. Don’t make decisions in panic, and don’t lose reason during a quick rally. The market loves to harvest those following the crowd’s consensus, and fears the voices that maintain independent judgment.
Right now, SHIB is like standing at a crossroads. Should it continue to decline in search of a true bottom, or start a rebound? The technicals give us some clues, but the final answer will be revealed by market behavior. The key is to be prepared for both scenarios.
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ShibaSunglasses
· 11h ago
That 400% surge in February, I'm still here. This mess really looks the same as back then... Just wait and see if the trading volume breaks through.
View OriginalReply0
LiquidityLarry
· 11h ago
That 400% surge in February, I didn't get in. Now it's happening again? Is this for real, buddy?
View OriginalReply0
DaoGovernanceOfficer
· 11h ago
ngl, this whole "fear = opportunity" narrative is exactly the kind of sentiment analysis problem i've written about in governance contexts. empirically speaking, retail panic selling is just poor mechanism design in action 🤓
Reply0
SerRugResistant
· 11h ago
Starting the brainwashing again, claiming 400% in February is easy, but how many people have to cut their losses to achieve that?
View OriginalReply0
LongTermDreamer
· 11h ago
Dog, this wave is indeed painful, but three years ago the bottom was just as hopeless, remember? Now all you need to do is hold your ground and not move.
View OriginalReply0
ZenMiner
· 11h ago
I'm watching the 400% surge in February. Right now, it really looks like... let's wait and see.
View OriginalReply0
SigmaValidator
· 11h ago
Oh my god, it's SHIB again. I missed the February wave and I'm still regretting it.
The performance of SHIB lately has indeed been suffocating. The price repeatedly faces pressure at key levels, trading volume is sluggish, and the volatility is enough to test anyone's nerves. Many have already announced giving up, as if this path has come to an end.
But if we look back at the past candlestick charts, we’ll find an interesting phenomenon. In February of this year, when the market was in despair, SHIB experienced a violent rebound of 400%. What were the conditions that triggered that rally? It was precisely the current "damaged" state—exhausted selling pressure, extremely low trading volume, and market sentiment at freezing point.
**What does the technical analysis say?**
On the four-hour chart, the area between 0.06978 and 0.06996 is filled with resistance. These densely packed trapped positions are like energy waiting to be released. When we switch to the daily chart, an interesting signal appears—although indicators look weak, with RSI deeply in oversold territory, the trading volume suddenly shows abnormal activity. This contradictory phenomenon sometimes signals that a reversal is brewing.
**Why focus on these details?**
The market logic is actually very cruel. The big moves often start when everyone least expects it. When the price drops to levels where most want to cut losses, and all technical indicators point to "danger," it might actually be the moment when big funds quietly position themselves. Human fear is often exploited as the best tool for accumulation.
**What should you do in practice?**
If you already hold SHIB, this is not the time to panic. The key is to watch that short-term moving average, and once volume supports a breakout of resistance, the trend could change instantly. That’s the opportunity to follow in.
If you’re still on the sidelines, the current price isn’t a bad entry point either. But the premise is—set your stop-loss carefully. Trading is never gambling; it requires clear risk management. Also, set your take-profit points to prevent profits from slipping away.
Mindset is equally important. Don’t make decisions in panic, and don’t lose reason during a quick rally. The market loves to harvest those following the crowd’s consensus, and fears the voices that maintain independent judgment.
Right now, SHIB is like standing at a crossroads. Should it continue to decline in search of a true bottom, or start a rebound? The technicals give us some clues, but the final answer will be revealed by market behavior. The key is to be prepared for both scenarios.