2025-12-07 22:20:38

On December 7, Shiba Inu (SHIB) entered a tug-of-war within a critical price range. The price is currently holding near an important support level, with buyers and sellers locked in a standoff.

If the current price can hold without breaking down, there may be a push toward previous resistance levels. However, pay close attention to the $0.000010 level—this is a key threshold. If it is breached, a larger decline may follow.

Ultimately, the price action of meme coins like SHIB largely depends on the overall sentiment in the crypto market. When market sentiment is strong, SHIB is likely to surge; when sentiment turns negative, pullbacks can happen quickly. So, in addition to technical analysis, it’s important to monitor overall market trends and community enthusiasm.

SHIB-0,63%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

15 Likes

Reward
15
6
Repost
Share

Comment

0/400

MetaMisery

· 2025-12-10 15:54

It's another tug-of-war with SHIB. This coin really depends on the overall market sentiment to survive. If 0.000010 breaks, it's game over. I bet it won't last through this week. That's meme coins for you—once the hype fades, they immediately plunge. Nothing more to say.

View OriginalReply0

OvertimeSquid

· 2025-12-07 22:50

Here we go again with people hyping up the bottom—can the 0.00001 level really hold? Meme coins are just like a casino; it’s all about emotion and luck. If you ask me, instead of looking at support levels, you might as well check what Musk tweeted today. Hey, if this round manages to rebound to the previous high, I’ll jump in even if I have to live on noodles. No matter how perfect the technicals are, they can’t withstand a market crash—SHIB is especially sensitive to the overall market. If it breaks 0.00001, I’m out. What I’m holding isn’t worth much anyway. Honestly, it’s just a bet on when Satoshi Nakamoto will move their Bitcoins.

View OriginalReply0

CounterIndicator

· 2025-12-07 22:48

Still stuck at 0.000010? I heard about this level last year and it still hasn’t broken? LOL, SHIB is just a hype machine—when the market sneezes, it catches a cold. All those indicators are useless, it’s all about community buzz. Wait, is it going to be a tug-of-war again this time? I might as well just go all in on shorts.

View OriginalReply0

ChainBrain

· 2025-12-07 22:45

It's that 0.000010 barrier again. Whether SHIB can break through depends on this wave. --- That's how meme coins are—when the market roars, everything follows. What's the point of technical analysis? --- Holding the support level is key. If it breaks, the dream shatters instantly. --- To put it bluntly, it's all about betting on market sentiment. Who can predict the market's mood? --- If 0.000010 breaks, it's game over. I'm just watching. --- Right now, it's a big fish eats small fish game. SHIB is just a bandwagoner. --- Community hype determines everything. If no one cares, there's no point talking about gains. --- There are so many resistance levels—if it manages to push through, that'd be a miracle. --- Wait for the market's direction. Whether SHIB follows or not is still a question. --- Holding this support level is the foundation. If it can't hold, just wait for a pullback.

View OriginalReply0

ShibaMillionairen't

· 2025-12-07 22:36

It's this spot again. Every time they say it's a key support level, but then it still gets dumped. Whenever BTC coughs, SHIB has to catch a cold too. To put it bluntly, it's just a follower coin. If 0.000010 breaks, I'll just give up and lie flat. HODLing is just a fantasy anyway. It's a meme coin, after all. It's all about the community hype—if the hype dies, it's over. Can it hold this time? I'm betting five bucks it'll break the support again.

View OriginalReply0