Summary
• Price tested resistance near 0.001155 but retracted toward 0.001142–0.001146 consolidation.
• High volume surges confirmed key breakouts near 0.001151 and 0.001155.
• RSI remained neutral, while Bollinger Bands showed expanding volatility after 02:00 ET.
Shiba Inu/Yen (SHIBJPY) opened at 0.001143 on 2025-12-21 12:00 ET, reached a high of 0.001164, touched a low of 0.001135, and closed at 0.001146 on 2025-12-22 12:00 ET. Total volume over the 24-hour window was approximately 721,525,707, with a notional turnover of roughly $821,526 (assuming 1
≈ $0.00000114).
Structure & Formations
Price formed a bullish engulfing pattern around 0.001142–0.001146, suggesting a potential reversal from the intraday dip to 0.001135. A key resistance cluster between 0.001151 and 0.001155 was tested multiple times, with a decisive breakout occurring at 00:15 ET. Support levels appear to be forming at 0.001143 and 0.001146, where price found repeated buying interest.
MACD & RSI
The 5-minute MACD showed a strong positive crossover as SHIBJPY broke above 0.001151, with momentum holding through the early morning session. RSI hovered around neutral territory
(45–55) for much of the day, with a brief overbought signal around 0.001164. A pullback below 0.001146 may trigger an oversold reading, suggesting potential for a rebound.
Bollinger Bands
Volatility expanded after 02:00 ET, with price breaking out of a narrow Bollinger Band contraction. At peak, SHIBJPY traded at a 2.2% deviation above the 20-period moving average, indicating heightened short-term risk and potential mean reversion.
Volume & Turnover
Volume surged significantly around 0.001151 and 0.001155, confirming the breakout and reinforcing the strength of the move. Notional turnover aligned with volume spikes, particularly in the early morning, suggesting coordinated buying. Divergences were minimal, with price and volume signals largely confirming each other.
Fibonacci Retracements
Applying Fibonacci retracement to the 0.001135–0.001164 range, key levels of 38.2% (0.001148) and 61.8% (0.001154) were closely tested. Price stalled near the 61.8% level but showed strong follow-through on retests, suggesting these levels may continue to be important in the near term.
SHIBJPY appears to be consolidating around 0.001146–0.001152, with a potential for a test of 0.001155 ahead. A breakdown below 0.001143 could signal renewed bearish momentum. Investors should monitor volume and RSI for confirmation of directional bias in the next 24 hours.
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