Shiba Inu 1-Day RSI at 36.6, above the oversold threshold of 30
Original headline시바이누 일봉 RSI 36.6, 과매도 기준 30 웃돌아
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Shiba Inu (SHIB) traded at $0.00000468 as of Nov. 1, 7:01 p.m., with its daily RSI at 36.6, holding just above the traditional oversold threshold of 30, according to COINOTAG chart data. The token's first support sits at $0.00000459, with additional support levels at $0.00000450 and $0.00000434, while first resistance is marked at $0.00000477. Technical indicators on the daily chart skewed bearish, with 5 bearish, 1 neutral, and 1 bullish readings, and SHIB trading below all 8 displayed SMA and EMA lines despite the 50-day SMA remaining above the 200-day SMA. The reading matters because it signals weakening momentum without yet reaching oversold territory, leaving room for further downside before a potential technical rebound. Traders will watch whether SHIB holds the $0.00000459 support or breaks toward the lower support levels, and whether the RSI dips below 30 to confirm oversold conditions.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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Shiba Inu (SHIB), COINOTAG
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