Shiba Inu Shows Mixed Momentum as $0.000006 Resistance Comes Into Focus

Shiba Inu (SHIB) faces mixed technical momentum near $0.000006, with conflicting indicators leaving a resistance break as a conditional market scenario rather than a confirmed move. The analysis was published Oct. 12 at 6:12 a.m. ET (10:12 UTC). It identified immediate resistance between $0.00000596 and $0.00000600, with $0.00000610 as the next upside reference if SHIB clears and holds above that zone. The 14-period relative strength index stood at 47.52, below the conventional 50 midpoint and within neutral territory. The moving average convergence/divergence histogram indicated bearish momentum, although the MACD and signal line both rounded to zero at SHIB’s price scale.

Source: TokenPost