SHIBDOGE Market Overview – September 10, 2025

• Price opened at $0.0000536 and closed at $0.0000539, with a high of $0.0000540 and low of $0.0000529.
• Momentum remains neutral, with RSI hovering near the 50 level and no clear overbought or oversold signals.
• Volatility expanded during the early morning session before settling midday, reflecting increased trading interest.
• Volume spiked during key 15-minute periods, particularly around 00:30–00:45 and 13:30–14:45 ET, with no clear divergence from price.
• A bullish engulfing pattern formed at 00:30 ET, followed by consolidation between $0.0000536–$0.0000540.

Shiba Inu/Dogecoin (SHIBDOGE) opened at $0.0000536 on September 9, 2025 at 12:00 ET, and closed at $0.0000539 by 12:00 ET on September 10. The pair reached a high of $0.0000540 and a low of $0.0000529 during the 24-hour period. Total trading volume was 532,721,414.0 units, with a notional turnover of approximately $28.13 million (calculated using SHIBDOGE price range and volume data).

The price action was relatively range-bound, oscillating within a narrow band between $0.0000529 and $0.0000540. Key support levels were observed around $0.0000534 and $0.0000536, where price found repeated buying interest, while resistance held at $0.0000540 and $0.0000539. A bullish engulfing candle formed on the 15-minute chart at 00:30 ET, signaling a potential short-term reversal. However, the pattern was followed by consolidation, indicating a lack of strong follow-through from buyers.

On the 15-minute timeframe, the 20-period and 50-period moving averages converged around $0.0000537, suggesting a neutral bias. The 200-period daily MA was not computed here, but the 100-period MA was near $0.0000535, indicating that the price has remained above key long-term averages. MACD showed a flattening histogram and a near-zero crossover, pointing to diminishing momentum. RSI remained in the 48–52 range, indicating balanced buying and selling pressure with no strong directional bias. Bollinger Bands displayed a moderate expansion in the early morning hours, followed by a gradual contraction by midday, signaling reduced volatility. Price remained within the bands, suggesting continued sideways movement.

Volume and turnover showed moderate spikes during specific 15-minute periods, including 00:30–00:45 ET and 13:30–14:45 ET, aligning with key price levels. No significant divergences were noted between price and volume, implying that the price movements were supported by genuine buying and selling activity. Fibonacci retracement levels drawn from the intraday swing high at $0.0000540 and low at $0.0000529 identified key levels at 38.2% ($0.0000535) and 61.8% ($0.0000532). Price held above both levels, suggesting that support may still be intact.

Looking ahead, SHIBDOGE may continue its consolidation phase within the $0.0000534–$0.0000540 range. A break above $0.0000540 could test the next resistance at $0.0000545, while a close below $0.0000534 could signal further weakness. Investors should remain cautious for any divergence in volume or RSI that might precede a breakout or breakdown.