Recently, I have been keeping an eye on the trend of SHIB and found it quite interesting.

First, let's talk about the data. The trading volume in the last 24 hours is 81.63 million USD, with a transaction volume slightly over 9.3 billion coins. This level of activity is decent. More importantly, the price has been hovering around 0.008367 for quite some time, and now there are finally some movements—long positions are quietly increasing, suggesting that funds are stealthily building positions at this low level.

From a technical perspective, a short-term support was formed around 0.008367, and the price has started to rise from there, currently approaching the 5-day moving average. The trading volume has also increased, indicating that real money is being invested, not just a speculative rise.

Market sentiment is also shifting. Previously, everyone was quite pessimistic, but now that they see stability, some people are starting to attempt to go long, and optimistic sentiment is gradually rising. This shift from pessimism to optimism is often the beginning of a rebound.

My judgment? The short-term trend has already turned from decline to rise, and we are currently in the early stage of a rebound. If you want to enter the market, it would be safer to go long with a light position, targeting the range of 0.0105 to 0.0108, with a stop loss below 0.0083. Of course, the premise is that the price can break through the resistance level of 0.0095. If the trading volume starts to shrink, then one should consider taking profits or withdrawing.

According to the current momentum, there may be a rebound space of 20%-25% in the next couple of days. However, that being said, meme coins are very volatile, so operations should still control positions well and not get carried away.