Shiba Inu’s 11% Plunge? Or a Sneaky Bullish Setup? 🐕📉💥

by

SHIB’s been on a little… tumble. 11% down in a week. Trading at $0.00001234? More like trading in existential dread. 🐾📉

But wait-two on-chain indicators are doing the cha-cha of bullish divergences. Coincidence? No. The universe is trying to whisper to us. 🧠✨

Traders Grow Optimistic on SHIB Despite Price Drop

Despite its recent “meh” phase, SHIB’s weighted sentiment has hit a seven-day high of 1.153. Traders are now more optimistic than your neighbor’s cat about their new TikTok fame. 🐱🎤

For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. 📬🔥

Weighted sentiment: the art of measuring if people are talking about your token with the enthusiasm of a Netflix binge or the dread of a Monday morning. 📶💭

Positive sentiment? That’s just code for “traders are high on SHIB and low on common sense.” Negative sentiment? That’s when you start questioning life choices. 🤯

SHIB’s price is falling, but sentiment is rising? That’s a bullish divergence. Like a breakup where the ex texts you “I miss you” while you’re still paying rent. 🤝💸

The Chaikin Money Flow (CMF) is also flexing. It’s climbing like it’s trying to get into the Met Gala while SHIB’s price is doing the Macarena. 🕺📈

CMF at 0.04? That’s not just a number-it’s a middle finger to gravity. Capital is flowing back in like it’s the last buffet in crypto town. 🍽️💸

CMF: the indicator that says “buy low” while the price is still doing the cha-cha of doom. 🕵️♂️📊

Can Shiba Inu Turn Losses Into a Breakout?

Bullish divergences are basically the universe’s way of saying “trust me, it’s gonna bounce back.” SHIB’s buyers are now flexing like they’re at a gym, ready to hit $0.00001295. 💪🚀

But if this keeps tanking? SHIB could hit $0.00001167. That’s not a price-it’s a punch to the gut. 💔📉

Read More

2025-08-21 02:51