SHIB’s Weekend Woes: When Bulls Cry and Bears Roar 🐻😢

Well, well, well, what do we have here? It seems the bulls are taking a bit of a nap while the bears are out for a weekend stroll, according to CoinMarketCap. 🐂💤🐻🚶‍♂️

SHIB/USD

The price of SHIB has taken a little tumble, down 0.8% since yesterday. I guess some of us are just not morning people. 🕒😴

On the hourly chart, SHIB is looking a bit like it’s about to take a nosedive, hovering near the local support of $0.00001140. If it decides to break out, we might see it plummet to the $0.00001130 range. Fasten your seatbelts, folks! 🛬💥

Zooming out a bit, the price of this beloved meme coin is on a journey to the support of $0.00001116. If it manages to slip below that mark, the accumulated energy might just be enough to send it all the way down to $0.000011. It’s like a rollercoaster, but with less excitement and more existential dread. 🎢🤔

From a midterm perspective, the bulls have had a bit of a hiccup after their previous bullish closure. If the buyers want to keep the party going, they’re going to need to get SHIB back above the $0.000012 zone. It’s like trying to keep a balloon in the air—constantly needing a little push. 🎈💪

At the time of writing, SHIB is trading at $0.00001141. Here’s hoping it finds its footing soon. 🤞

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2025-07-05 18:14