SHIB structure remains stable and trading volume cools

SHIB prices continue to form a rising channel, and key support and resistance levels are clear.

The price trend of SHIB continues to show a rising channel pattern. The key support level currently focused on by the market is $0.0000500, while $0.0000550 and $0.0000600 are the main resistance levels. Although large positions at the $0.01 level may bring significant value, this goal is still a hypothetical scenario and requires a major breakthrough in current prices to achieve it.

Currently, the Relative Strength Index (RSI) remains above 50, and the MACD indicator also remains positive, indicating that momentum is still improving. However, as the momentum gradually cools down, further recovery of the market will rely on stronger subsequent driving forces. After a long decline, the SHIB is gradually rebuilding, and traders are closely watching changes in support, resistance, momentum and volume for signals of further recovery.

The $0.01 target is still a hypothetical milestone

Recently, content released by the social media account "ShibaInuTheCryptoOfAllCryptotos" triggered market discussions about SHIB reaching the $0.01 price. The account quoted the price of SHIB at the time of approximately $0.0000544 and calculated the value of large-scale token holdings. The core idea is to illustrate this goal through a series of mid-price milestones.

The post pointed out that if SHIBs reach $0.01, the value of holding 100 million SHIBs will reach US$1 million; holding 1 billion is equivalent to US$10 million. These valuations are based solely on the proposed one-cent unit price. The post lists $0.00001,$0.0001,$0.001 and $0.01 as consecutive milestones, with each step representing a higher valuation than the previous level. This sequence clearly demonstrates the huge gap between current market prices and the one-cent target.

In addition, the post reviewed previous crashes, market panic and talk of the "end" of SHIB, and viewed continued community support as part of the token's long-term story. However, it must be emphasized that the stated goals are still hypothetical rather than precise predictions.

Kinetic energy remains positive, but acceleration weakens

As of writing, the RSI reading was 57.01, and its average reading was close to 56.17. Both indicators are above the neutral threshold of 50, indicating that the market is in a positive momentum range but has not entered an extremely overbought area.

The chart shows that the MACD indicator remains in a positive area around 0.0000015. The two lines are closely aligned, and the histogram contracts towards the zero axis, indicating that momentum has cooled down after the expansion in early August.

The technical side shows a complete ascending channel and a weak combination of kinetic energy. Despite retreating from recent highs, buyers managed to maintain higher lows. To achieve further price increases, it needs to be accompanied by stronger momentum support.

If the price exceeds $0.0000550,$0.000060 will become the next focus of attention. Conversely, if the price closes below $0.00000500, a downward trend may start. The upper and lower boundaries of the channel will be the clearest reference for determining the next step.

SHIB1000 volume shows participation has subsided

Separate SHIB1000 chart records show its most active trading activity occurred in October and November. During this period, transaction volume surged multiple times to reach or exceed US$800 million, and prices rose sharply, briefly touching the US$0.03 region.

After November, both transaction volume and prices showed a downward trend throughout the display period. Trading activity became more sparse and irregular in December and January. The decrease in volume was accompanied by a broad retreat in prices towards lower levels.

There was another round of increased volume in April and May, but it was below the peak in November. The slight rebound around July did not produce sustained expansion. Since June, market activity has generally remained relatively sluggish.

The current recovery is taking place against the backdrop of reduced market participation. Late volume spikes failed to match the intensity in November. Although the price structure remains constructive, volume and momentum indicators send a more cautious signal.