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Summary
• SHIBUSDT tested key support levels before rallying to fresh 24-hour highs.
• Bullish momentum emerged mid-day with high volume, but eased as RSI neared overbought levels.
• Volatility expanded after a consolidation phase, with price closing above 8.45e-06.
• Bollinger Bands widened significantly, suggesting increased market participation and potential continuation.
• Volume spiked during the late ET rally, confirming price strength but showing divergences in the last hour.
Shiba Inu/Tether (SHIBUSDT) opened at 8.2e-06 on 2025-12-05 at 12:00 ET, reached a high of 8.63e-06, and closed at 8.45e-06 at 12:00 ET on 2025-12-06. Total volume amounted to approximately 235,614,236,854.0, while turnover reached an estimated $1,963,627,182 (assuming $1 = 1 Tether).
Structure & Key Levels
The 5-minute OHLC data revealed a strong bullish impulse after 04:00 ET as price surged above prior resistance at 8.37e-06 and pushed toward 8.63e-06, a level that had previously acted as a ceiling. A bearish divergence emerged in the final hour, with price failing to make higher highs despite rising volume, suggesting caution. Key support levels were identified at 8.45e-06 (close) and 8.37e-06, with Fibonacci retracement levels suggesting potential pullback targets near 8.49e-06 and 8.42e-06.
Indicators & Momentum
RSI rose above 65 after 10:00 ET, signaling overbought conditions, while the MACD crossed above the signal line mid-day, confirming bullish momentum. However, MACD momentum has since flattened, indicating a potential slowdown.

Volume and Turnover Analysis
Volume surged sharply between 12:00 and 14:00 ET, confirming the breakout above 8.5e-06. However, in the final hour, volume declined despite a slight price rebound, hinting at weakening conviction. Turnover mirrored this pattern, peaking at 8.63e-06 before tapering off. No clear divergence was observed in the final hour, but caution is warranted as the trend appears to be losing steam.
Short-Term Outlook and Risk
Price appears poised for a consolidation phase as momentum indicators show signs of fatigue. A test of the 8.45e-06–8.49e-06 range may occur over the next 24 hours, with a break below 8.37e-06 increasing the risk of a pullback. Investors should remain mindful of the high volatility and potential for a reversal if volume fails to confirm further upward movement. .
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