The setup lacks strong confirmation and carries enough risk to justify caution at current levels.
In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.
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 | $0.0₇3757 - $0.0₇3807 | |
| Support 2 | $0.0₇3663 - $0.0₇3745 | |
| Support 3 | $0.0₇3613 - $0.0₇3663 | |
| Support 4 | $0.0₇3563 - $0.0₇3613 | |
| Resistance 1 | $0.0₇3925 - $0.0₇3963 | |
| Resistance 2 | $0.0₇4020 - $0.0₇4058 | |
| Resistance 3 | $0.0₇4131 - $0.0₇4230 | |
| Resistance 4 | $0.0₇4250 - $0.0₇4300 | |
| Active 1 | $0.0₇3863 - $0.0₇3913 |
SHREK clears the resistance zone at $0.0₇3925 - $0.0₇3963 and holds above it. That would strengthen the breakout case and shift attention to $0.0₇4020 - $0.0₇4058.
SHREK loses the support zone at $0.0₇3757 - $0.0₇3807. That would weaken the setup and open the way toward $0.0₇3663 - $0.0₇3745.
SHREK continues trading between $0.0₇3807 and $0.0₇3925. 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 | $0.0₇4046 | Bearish | SHREK is trading below the 50-day average. |
| SMA200 | $0.0₇3774 | Bullish | SHREK remains above the long-term trend line. |
| EMA50 | $0.0₇4006 | Bearish | SHREK is trading below the 50-day exponential average, which weakens the recent trend. |
| EMA200 | $0.0₇3882 | Bullish | SHREK is above the 200-day exponential average, which keeps the longer-term structure constructive. |
| RSI (14) | 35.81 | Neutral | RSI (14) is at 35.81, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 43.96 | Neutral | Stoch RSI (14) is at 43.96, which suggests momentum is active but not yet extreme. |
| MACD | -6.531e-10 | Bearish | MACD is below its signal line. |
| ATR | 0.9769% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.0₇3877 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | -43.82 | Neutral | CCI (20) is at -43.82, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $-1.776e-9 | Bearish | Awesome Oscillator is below zero at $-1.776e-9, which supports bearish momentum. |
| Williams Percent Range (14) | -70.38 | Neutral | Williams Percent Range (14) is at -70.38, which keeps price in the middle of its recent range. |
| Bull Bear Power (13) | $-2.814e-10 | Bearish | Bull Bear Power (13) is negative at $-2.814e-10, which suggests sellers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 60.90 | Neutral | Ultimate Oscillator is at 60.90, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $0.0₇3922 | Bearish | SHREK is trading below the Hull Moving Average (9), which weakens the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₇3984 | 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 BitTorrent (BTT), Compound (COMP), Convex Finance (CVX), Pudgy Penguins (PENGU) and Sky (SKY) and most negatively correlated with the price of TRON (TRX), Morpho (MORPHO), StarkNet (STRK), Kaia (KAIA) and Filecoin (FIL).
| Name | Correlation |
|---|---|
| BitTorrent | 0.724 |
| Compound | 0.721 |
| Convex Finance | 0.718 |
| Pudgy Penguins | 0.683 |
| Sky | 0.676 |
| Name | Correlation |
|---|---|
| TRON | -0.378 |
| Morpho | -0.301 |
| StarkNet | -0.272 |
| Kaia | -0.241 |
| Filecoin | -0.199 |
Shrek ERC price is positively correlated with the top 10 coins by market cap with a price of 0.125, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.275. 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.
