The chart is fairly balanced right now, so waiting for stronger confirmation still makes sense.
In the current Sideways Volatile regime, the best-fit approach is Wait for breakout confirmation. Price is still non-directional, but volatility is elevated, so false moves are more common and waiting for a cleaner breakout confirmation is usually the better setup.
Shong Inu support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.0₅5111 - $0.0₅5249 | |
| Support 2 | $0.0₅4951 - $0.0₅5032 | |
| Support 3 | $0.0₅4782 - $0.0₅4945 | |
| Support 4 | $0.0₅4515 - $0.0₅4606 | |
| Resistance 1 | $0.0₅5294 - $0.0₅5518 | |
| Resistance 2 | $0.0₅5735 - $0.0₅5817 | |
| Resistance 3 | $0.00002595 - $0.00002603 | |
| Resistance 4 | $0.00002723 - $0.00002731 |
SHONG clears the resistance zone at $0.0₅5294 - $0.0₅5518 and holds above it. That would strengthen the breakout case and shift attention to $0.0₅5735 - $0.0₅5817.
SHONG loses the support zone at $0.0₅5111 - $0.0₅5249. That would weaken the setup and open the way toward $0.0₅4951 - $0.0₅5032.
SHONG continues trading between $0.0₅5249 and $0.0₅5294. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.0₅5315 | Bearish | SHONG is trading below the 50-day average. |
| SMA200 | $0.0₅4686 | Bullish | SHONG remains above the long-term trend line. |
| EMA50 | $0.0₅5259 | Bullish | SHONG is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.0₅7219 | Bearish | SHONG is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 39.43 | Neutral | RSI (14) is at 39.43, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 11.03 | Oversold | Stoch RSI (14) is low at 11.03, which shows momentum is pressing near its recent lower extreme. |
| MACD | -3.207e-8 | Bearish | MACD is below its signal line. |
| ATR | 1.54% | Volatile | Volatility is above its 180-day median. |
| VWMA | $0.0₅5524 | Bearish | Price is below the volume-weighted average. |
| Commodity Channel Index (20) | -79.88 | Neutral | CCI (20) is at -79.88, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $-1.901e-7 | Bearish | Awesome Oscillator is below zero at $-1.901e-7, which supports bearish momentum. |
| Williams Percent Range (14) | -71.05 | Neutral | Williams Percent Range (14) is at -71.05, which keeps price in the middle of its recent range. |
| Bull Bear Power (13) | $-9.683e-8 | Bearish | Bull Bear Power (13) is negative at $-9.683e-8, which suggests sellers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 65.96 | Neutral | Ultimate Oscillator is at 65.96, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $0.0₅5243 | Bullish | SHONG is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₅5424 | Bearish | SHONG is trading below the Ichimoku base line, which points to weaker structure. |
Over the past 7 days, Shong Inu price was most positively correlated with the price of Ethereum (ETH), Nexo (NEXO), Zcash (ZEC), Ethereum Classic (ETC) and Chainlink (LINK) and most negatively correlated with the price of LEO Token (LEO), Pyth Network (PYTH), Monero (XMR), Basic Attention Token (BAT) and TRON (TRX).
| Name | Correlation |
|---|---|
| Ethereum | 0.847 |
| Nexo | 0.810 |
| Zcash | 0.789 |
| Ethereum Classic | 0.776 |
| Chainlink | 0.771 |
| Name | Correlation |
|---|---|
| LEO Token | -0.554 |
| Pyth Network | -0.322 |
| Monero | -0.235 |
| Basic Attention Token | -0.217 |
| TRON | -0.177 |
Shong Inu price is positively correlated with the top 10 coins by market cap with a price of 0.517, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.555. Currencies that are positively correlated with Shong Inu indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Shong Inu, a move in one direction for Shong Inu would translate into a move in the opposite direction for the negatively correlated coin.
