Is SHIB Ready for a Move, or Just Another Meme Bounce?

OOOPss, I am not technical trade advisor of any kind, just showing you how i trade!!!! A. Standard Technical Analysis (TA) — SHIB/USDT
Trend:
SHIB has been consolidating in a wide range since its 2021 “meme coin” peak. The current price is up 0.69% on the day, but still far below all-time highs.

Support/Resistance:

Support: 0.00001200, 0.00001000

Resistance: 0.00001500, 0.00001850

Momentum:
Modest daily uptick (+0.69%) suggests weak, range-bound trading. No obvious trend; momentum indicators (like RSI/MACD) are likely neutral.

Summary:
SHIB remains a highly speculative, low-price coin. Traders look for breakouts above 0.00001500 for bullish momentum, or breakdowns below 0.00001200 for bear confirmation. Until then, expect choppy, sideways action.

B. Stringent PureLogic Analysis — SHIB/USDT
Title:
Is SHIB Ready for a Move, or Just Another Meme Bounce?

Introduction:
Shiba Inu (SHIB) is trading at 0.00001456 USDT, up slightly for the day, but with little volume. The market seeks direction: meme resurgence or more drift?

Background & Context:
Meme Status:
SHIB’s price action is driven by social sentiment, major exchange listings, and broader meme-coin cycles (usually in sync with DOGE).

All-Time High:
Far below the 2021 peak, with multiple “dead cat bounces” since.

Technical Breakdown:
1. Price Structure:

Macro:
Multi-month sideways action, with failed rallies at 0.00001850 and support forming above 0.00001000.

Current Level:
0.00001456 is just below the resistance at 0.00001500. Previous attempts to break higher have failed without a major meme catalyst.

2. Momentum:

Volume:
No significant surge; suggests retail boredom or lack of big whales entering.

RSI:
Likely in the 45–55 range — neither overbought nor oversold. No signal of a strong trend developing.

MACD:
Most likely flat, consistent with a consolidating market.

3. Pattern:

Breakout/Breakdown Risk:

A break and hold above 0.00001500, on volume, could bring a quick push to 0.00001850 or higher (as meme coins move in fast bursts).

Failure here and a loss of 0.00001200 could trigger a slide toward 0.00001000 or lower.

“Meme Cycles”:
Any sudden social or Elon-related event can override all technical signals.