Can SHIB's hype withstand the test of reality on the chain?
Source: CoinWorld
Time: 2025-09-11 15:53:16
Shiba Inu (SHIB) has surged 45% over the past two weeks as retail interest rekindled, but technical indicators remain neutral to bearish. The RSI is 54 and the MACD is negative, indicating that despite the strong momentum of social media, it is still necessary to operate with caution. As more than 10 trillion tokens are still in circulation, the speed of SHIB destruction limits its direct impact on price. Analysts warn that volatility may occur unless SHIB breaks through the resistance level of $0.000020.