Peter Smith
⬤ Shiba Inu (SHIB) caught some fresh eyes after CRYPTO SHERIFF posted, "$SHIB could be next! Stick to the fundamentals & believe to $SHIB!" The SHIB/USDT chart shows the token sitting near $0.00001005 with an 11.42% intraday bounce, reflecting a tight price structure that's been building over recent sessions.
⬤ On the chart, SHIB is squeezed between a descending trendline up top and a horizontal support zone below. The price has bounced repeatedly off this base, with candles clustering tightly around $0.00001005. The narrow spread between sell and buy orders—"SELL 0.00001005" / "BUY 0.00001006"—shows just how compressed the range has become, signaling the market is waiting for a clear move.
⬤ "SHIB could be next" comment hints at what the chart suggests: SHIB is coiling between resistance and support. The post doesn't offer a specific target, but it does encourage traders to stick with the fundamentals and keep faith in SHIB as it sits at this inflection point.
⬤ For investors, this SHIB price level matters because it's where buyers have shown up before. Whether SHIB pushes higher from $0.00001005 or stays rangebound will likely set the tone for near-term meme-coin sentiment. As always, SHIB is volatile—this post and chart simply spotlight where the token stands right now without making bold predictions.
Peter Smith
