The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.
In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.
Shrek ERC 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 | $0.0₇3471 - $0.0₇3747 | |
| Support 2 | $0.0₇3367 - $0.0₇3468 | |
| Support 3 | $0.0₇2920 - $0.0₇3157 | |
| Support 4 | $0.0₇2722 - $0.0₇2823 | |
| Resistance 1 | $0.0₇4000 - $0.0₇4078 | |
| Resistance 2 | $0.0₇4111 - $0.0₇4319 | |
| Resistance 3 | $0.0₇4357 - $0.0₇4493 | |
| Resistance 4 | $0.0₇4573 - $0.0₇4674 | |
| Active 1 | $0.0₇3815 - $0.0₇3990 |
SHREK clears the resistance zone at $0.0₇4000 - $0.0₇4078 and holds above it. That would strengthen the breakout case and shift attention to $0.0₇4111 - $0.0₇4319.
SHREK loses the support zone at $0.0₇3471 - $0.0₇3747. That would weaken the setup and open the way toward $0.0₇3367 - $0.0₇3468.
SHREK continues trading between $0.0₇3747 and $0.0₇4000. 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 | $0.0₇3885 | Bullish | SHREK is trading above the 50-day average. |
| SMA200 | $0.0₇3527 | Bullish | SHREK remains above the long-term trend line. |
| EMA50 | $0.0₇3919 | Bullish | SHREK is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.0₇3794 | Bullish | SHREK is above the 200-day exponential average, which keeps the longer-term structure constructive. |
| RSI (14) | 42.77 | Neutral | RSI (14) is at 42.77, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 8.82 | Oversold | Stoch RSI (14) is low at 8.82, which shows momentum is pressing near its recent lower extreme. |
| MACD | -4.888e-11 | Bearish | MACD is below its signal line. |
| ATR | 1.97% | Volatile | Volatility is above its 180-day median. |
| VWMA | $0.0₇4069 | Bearish | Price is below the volume-weighted average. |
| Commodity Channel Index (20) | -87.10 | Neutral | CCI (20) is at -87.10, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $-8.619e-10 | Bearish | Awesome Oscillator is below zero at $-8.619e-10, which supports bearish momentum. |
| Williams Percent Range (14) | -90.40 | Oversold | Williams Percent Range (14) is near the bottom of its recent range at -90.40. |
| Bull Bear Power (13) | $-8.216e-10 | Bearish | Bull Bear Power (13) is negative at $-8.216e-10, which suggests sellers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 32.62 | Neutral | Ultimate Oscillator is at 32.62, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $0.0₇3924 | Bullish | SHREK is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₇4010 | Bearish | SHREK is trading below the Ichimoku base line, which points to weaker structure. |
Over the past 7 days, Shrek ERC price was most positively correlated with the price of SPX6900 (SPX), Trust Wallet Token (TWT), Flare (FLR), Beldex (BDX) and APENFT (NFT) and most negatively correlated with the price of Raydium (RAY), Zcash (ZEC), Kaspa (KAS), TRON (TRX) and Injective (INJ).
| Name | Correlation |
|---|---|
| SPX6900 | 0.849 |
| Trust Wallet Token | 0.838 |
| Flare | 0.771 |
| Beldex | 0.731 |
| APENFT | 0.727 |
| Name | Correlation |
|---|---|
| Raydium | -0.914 |
| Zcash | -0.895 |
| Kaspa | -0.860 |
| TRON | -0.833 |
| Injective | -0.828 |
Shrek ERC price is negatively correlated with the top 10 coins by market cap with a price of -0.347, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.164. Currencies that are positively correlated with Shrek ERC 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 Shrek ERC, a move in one direction for Shrek ERC would translate into a move in the opposite direction for the negatively correlated coin.
