Market Overview: Shiba Inu/Tether (SHIBUSDT) – 24-Hour Analysis as of 2025-09-26

• Price declined from 1.192e-05 to 1.153e-05, showing bearish dominance.
• RSI and volume suggest moderate momentum with no overbought or oversold signals.
• Volatility expanded in early ET hours before stabilizing by late morning.
• Bollinger Bands widened midday, showing increased price dispersion and uncertainty.
• A potential bullish reversal pattern formed in the last 4 hours of the 24-hour window.

Shiba Inu/Tether (SHIBUSDT) opened at 1.192e-05 on 2025-09-25 at 16:00 ET and closed at 1.172e-05 by 12:00 ET on 2025-09-26. The 24-hour range spanned between 1.192e-05 (high) and 1.152e-05 (low). Total volume reached 807.77 billion SHIB, and notional turnover amounted to 11.61 million USD, signaling moderate trading interest.

Over the past 24 hours, SHIBUSDT tested several key support and resistance levels. Notable resistance was observed near 1.191e-05 and 1.181e-05, while support emerged in the 1.170e-05 to 1.165e-05 range. A bearish engulfing pattern formed on 2025-09-25 at 18:00 ET, followed by a bullish harami at 02:30 ET on 2025-09-26, suggesting short-term indecision but possible bullish follow-through. A morning star pattern is also visible during the last 3 hours of the window, hinting at a potential near-term bounce.

The 20-period and 50-period moving averages on the 15-minute chart were both below price levels for most of the session, reflecting bearish bias. The 200-period daily MA remains above the current price, indicating long-term bearish momentum. The RSI hovered in the 40–50 range for most of the session, avoiding overbought or oversold extremes. MACD showed a narrowing histogram in the last 4 hours, with the line crossing into positive territory, suggesting a potential momentum shift. Bollinger Bands expanded during the early hours, contracting slightly in the late ET hours, indicating a transition from high to moderate volatility. Price closed near the lower band in the final 15-minute period, suggesting oversold positioning.

Price activity in the 24-hour window was accompanied by a sharp volume spike in the 15:30–19:00 ET timeframe, where the pair traded heavily in the 1.170e-05–1.190e-05 range. The largest volume print occurred on 2025-09-25 at 18:00 ET, when 156.7 billion SHIB traded hands. Notional turnover peaked at 1.64 million USD during that same 15-minute window. A divergence between price and volume is not currently evident, though volume has shown a slight decline in the last 6 hours.

Fibonacci retracement levels applied to the recent 15-minute move from 1.192e-05 to 1.152e-05 indicate 61.8% retracement at 1.169e-05, which coincided with a key support level observed on the chart. The 38.2% level at 1.176e-05 also served as a minor resistance during the rebound on 2025-09-26. On the daily chart, the 61.8% retracement level from the broader swing high to the recent low is at 1.165e-05, which has held as a psychological floor.

Backtest Hypothesis

A potential backtesting strategy could be to look for the bullish harami and morning star patterns in conjunction with RSI entering the 40–50 range and a rising MACD histogram. These conditions could signal a short-term reversal and a possible short-to-medium term rally. Using a stop-loss just below the most recent support (1.163e-05) and a target at the 61.8% Fibonacci level at 1.169e-05, this approach may offer a favorable risk-to-reward ratio. If the MACD remains in positive territory and the RSI shows upward momentum, the signal could be validated within the next 12–24 hours.