{"id":43310,"date":"2025-08-21T07:31:44","date_gmt":"2025-08-21T07:31:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=43310"},"modified":"2025-08-21T07:31:44","modified_gmt":"2025-08-21T07:31:44","slug":"shiba-inu-bulls-defend-dual-support-with-1t-volume-what-next","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=43310","title":{"rendered":"Shiba Inu Bulls Defend Dual Support With 1T Volume. What Next?"},"content":{"rendered":"<div>\n<p>Shiba Inu (SHIB) has gained over 2% in the past 24 hours, with bulls defending key support levels on the back of strong volumes.<\/p>\n<p>The meme cryptocurrency fell early Wednesday as BTC and the broader market witnessed de-risking ahead of Fed Chair Jerome Powell&#8217;s impending speech.<\/p>\n<p>Buyers, however, stepped in closer to the $0.00001200 level, ensuring that the psychological support was maintained. The subsequent recovery also lifted prices back above the ascending trendline connecting June 22 and Aug. 2 lows, and the key level of $0.00001231, which is the 61.8% Fibonacci retracement of the June-July rally.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/d5d5c024d5ac08c89bbc953bcebe9a0f78e25048-2854x1402.png?auto=format\" alt=\"SHIB. (TradingView)\" title=\"SHIB. (TradingView)\"><\/p>\n<h2>Bulls fuel SHIB comeback<\/h2>\n<p>SHIB shakes off volatility, powers from $0.000012295 to $0.000012574 close on heavy bullish flow. Token holds critical support, smashes through resistance barriers. Next target: $0.000012700 psychological level.<\/p>\n<p>According to CoinDesk&#8217;s AI technical insights model, $0.000012700 is the next level to beat for the bulls. <\/p>\n<h2>Technical data points to a bullish breakout<\/h2>\n<ul>\n<li>SHIB traded within a $0.000012089-$0.000012705 range, which represents a 5% spread between session extremes.<\/li>\n<li>Institutional interest peaked between 13:00 and 14:00, andvolume surged past 1 trillion tokens.<\/li>\n<li>The price held above $0.000012250, confirming a strong demand floor.<\/li>\n<li>Mid-session selling pressure at 13:00 failed to crack $0.000012089 support.<\/li>\n<li>Resistance at $0.000012600 was penetrated, triggering a volume surge to 12.8 billion tokens.<\/li>\n<\/ul>\n<h5><strong>CD20 Index Holds Steady Amid Token Volatility<\/strong><\/h5>\n<p>CD20 maintained range-bound trading as SHIB volatility spiked. The Index reflected institutional selectivity across major crypto holdings, with the broader market confidence persisting despite individual token swings and near-term uncertainty.  <\/p>\n<p><strong><em>Disclaimer:<\/em><\/strong> <em>Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to<\/em> <em><a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see<\/em> <em><a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk&#8217;s full AI Policy<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu (SHIB) has gained over 2% in the past 24 hours, with bulls defending key support levels on the back of strong volumes. The meme cryptocurrency fell early Wednesday as BTC and the broader market witnessed de-risking ahead of Fed Chair Jerome Powell&#8217;s impending speech. Buyers, however, stepped in closer to the $0.00001200 level, [&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-43310","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\/43310","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=43310"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43310\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}