{"id":30008,"date":"2025-06-03T14:46:52","date_gmt":"2025-06-03T14:46:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=30008"},"modified":"2025-06-03T14:46:52","modified_gmt":"2025-06-03T14:46:52","slug":"shiba-inu-bull-momentum-limited-after-buyers-offered-support","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=30008","title":{"rendered":"Shiba Inu Bull Momentum Limited After Buyers Offered Support"},"content":{"rendered":"<div>\n<p>The shiba inu (SHIB) token is trading higher but strong momentum is lacking despite buyers&#8217; efforts to establish strong support.<\/p>\n<p>SHIB has established strong support base between $0.00001265 and $0.00001270 in the past 24 hours, with technical patterns suggesting potential for continued upward momentum.<\/p>\n<p>Geopolitical tensions and shifting trade policies are creating ripples across cryptocurrency markets, with shiba inu emerging as a surprising beneficiary amid the uncertainty.<\/p>\n<p>Still, the cryptocurrency failed to maintain gains above the 100-day simple moving average (SMA) at $0.00001332 and changed hands at $0.00001317 at the time of writing, representing a 2.9% gain over the past 24 hours.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/c179e029647e5d4846789e867eb82a60d33403bc-2092x1352.png?auto=format\" alt=\"SHIB's daily chart. (TradingView\/CoinDesk)\" title=\"SHIB's daily chart. (TradingView\/CoinDesk)\"><\/p>\n<p>Further, the price chart shows the downtrend from the May 12 highs is still intact.<\/p>\n<h2>Key technical insights<\/h2>\n<ul>\n<li>Notable support has been established at $0.00001267, where buyers consistently stepped in during early hours.<\/li>\n<li>Price action formed a clear uptrend with higher lows and higher highs, breaking through key resistance levels at $0.00001294 and $0.00001313.<\/li>\n<li>Initial consolidation period (01:07-01:34) established support at $0.00001330, followed by an explosive breakout at 01:35 with the highest volume spike (14.6B).<\/li>\n<li>Price action formed a clear ascending channel with higher lows, culminating in a new local high at $0.00001345.<\/li>\n<li>Slight profit-taking emerged in the final minutes as volume tapered off, suggesting potential short-term resistance but maintaining overall bullish structure.<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The shiba inu (SHIB) token is trading higher but strong momentum is lacking despite buyers&#8217; efforts to establish strong support. SHIB has established strong support base between $0.00001265 and $0.00001270 in the past 24 hours, with technical patterns suggesting potential for continued upward momentum. Geopolitical tensions and shifting trade policies are creating ripples across cryptocurrency [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-30008","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30008"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30008\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}