Shiba Inu (SHIB) Price Holds Near Key Support Amidst Market Volatility

在市场波动中，Shiba INU（Shib）价格在关键支持附近持有

The price of Shiba Inu (SHIB) is currently consolidating near crucial support levels following recent market corrections. Since peaking in December, the token has experienced a sustained downward trend. Market volatility and challenging overall conditions contribute to the uncertainty surrounding its future price direction.

在最近的市场纠正之后，目前，Shiba INU（SHIB）的价格正在巩固接近至关重要的支持水平。 自12月达到顶峰以来，令牌经历了持续的下降趋势。 市场波动和具有挑战性的整体条件有助于围绕其未来价格方向的不确定性。

Technical Analysis and Market Overview

技术分析和市场概述

The broader meme coin market downturn has significantly impacted SHIB. Dogecoin, among other digital assets, has seen similar declines, leading to a drop in Shiba Inu's market ranking. While price action suggests a potential breakout from a descending wedge pattern, technical indicators reveal weak buying pressure.

更广泛的模因硬币市场的衰退影响了严重影响。 Dogecoin除其他数字资产外，也有类似的下降，导致INU市场排名下降。虽然价格动作表明从下降的楔形模式出现了潜在的突破，但技术指标表明购买压力较弱。

Expert Insights and Potential Price Targets

专家见解和潜在价格目标

A rising token burn rate could provide positive price momentum. A notable surge in daily burns on March 8th indicates that reduced circulating supply may exert upward pressure. One analyst suggests SHIB's emergence from a descending wedge could potentially lead to a price increase of up to 422%, though this remains speculative.

令牌上升的燃烧率可以提供正价势头。 3月8日，每日烧伤的明显激增表明，减少的循环供应可能会施加向上的压力。 一位分析师认为，什布（Shib）从下降的楔子中出现的出现可能会导致价格上涨高达422％，尽管这仍然是投机性的。

Currently, the negative MACD trend is a significant technical signal. The MACD line remains below the signal line, and red histogram bars confirm selling pressure. The RSI also points to weak buying sentiment.

当前，负MACD趋势是一个重要的技术信号。 MACD线保持在信号线以下，红色直方图杆确认销售压力。 RSI还表明购买情绪较弱。

Trading currently occurs within a tight range between key support and resistance levels. Support sits around $0.00001, while resistance is approximately $0.000015. This narrow trading band reflects buyer hesitation.

当前交易发生在关键支持和电阻水平之间的紧密范围内。 支持位于0.00001美元左右，而电阻约为0.000015美元。 这个狭窄的交易乐队反映了买家的犹豫。

Market participants are closely observing whether SHIB will continue to consolidate before a decisive directional move. Uncertainty and caution prevail, prompting investors to monitor technical indicators closely. A break above the resistance level or a fall below the support level will likely determine the near-term price trajectory.

市场参与者正在仔细观察SHIB是否会在决定性的方向前进之前继续合并。 不确定性和谨慎，促使投资者密切监视技术指标。 高于阻力水平或低于支撑水平的突破可能会决定近期的价格轨迹。

The post Shiba Inu Price Hovers Near Key Support Levels as Market Volatility Persists appeared first on COINTURK NEWS.

随着市场波动率持续出现在Cointurk News上，shiba shiba inu价格徘徊在关键支持水平附近。