Image of SHIGGA
SHIGGAthe black sheep
$0.0₅9678
0.00%
1D

the black sheep Analysis

Investment Score
A quick view into the black sheep's investment prospects.
4.1

The setup lacks strong confirmation and carries enough risk to justify caution at current levels.

What is helping
  • MACD is confirming the current directional bias.
  • Bollinger Squeeze: Bollinger Bands are at historically narrow levels, signaling a high-energy move is coiling. Watch for a directional break.
Main risks
  • Price is too close to resistance relative to nearby support.
  • The higher-timeframe trend is still working against fresh longs.
Market State Summary
Current regime
Bear Quiet
Confidence: 82%
Why this state?
  • SHIGGA is below SMA50
  • SMA50 is above SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

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.

Trend
Bearish
SHIGGA is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Oversold
RSI is 17.09, which points to stretched downside momentum.
Volatility
Quiet
SHIGGA ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0₅9678 - $0.00001702
Active zone
$0.0₅5986 - $0.00001702
Support zone
$0.0₅2338 - $0.0₅9678
Chart Patterns
SMA50
SMA100
SMA200
RSI
Oversold
MACD
Bullish
ATR%
Quiet
Volume
Average
Support & Resistance

the black sheep 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.

Support zone
$0.0₅2338 - $0.0₅9678
Resistance zone
$0.0₅9678 - $0.00001702
Active zone
$0.0₅5986 - $0.00001702
Levels Table
LevelZoneStrength
Support 1$0.0₅2338 - $0.0₅9678
Resistance 1$0.0₅9678 - $0.00001702
Active 1$0.0₅5986 - $0.00001702
Scenario Analysis
Bullish scenario

SHIGGA clears the resistance zone at $0.0₅9678 - $0.00001702 and holds above it. That would strengthen the breakout case and shift attention to $0.0₅9678 - $0.00001702.

Bearish scenario

SHIGGA loses the support zone at $0.0₅2338 - $0.0₅9678. That would weaken the setup and open the way toward $0.0₅2338 - $0.0₅9678.

Neutral scenario

SHIGGA continues trading between $0.0₅9678 and $0.0₅9678. In that case, range-trading conditions remain active.

Technical Indicators

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.

IndicatorValueSignalInterpretation
SMA50
$0.00001008
Bearish
SHIGGA is trading below the 50-day average.
SMA200
$0.0₅8631
Bullish
SHIGGA remains above the long-term trend line.
EMA50
$0.0₅9832
Bearish
SHIGGA is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.0₅9700
Bearish
SHIGGA is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
17.09
Oversold
RSI (14) is depressed at 17.09, which suggests downside momentum may be getting exhausted.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
-1.053e-7
Bullish
MACD is above its signal line.
ATR
0.00%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0₅9677
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
37.04
Neutral
CCI (20) is at 37.04, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-2.486e-7
Bearish
Awesome Oscillator is below zero at $-2.486e-7, which supports bearish momentum.
Williams Percent Range (14)
0.00
Overbought
Williams Percent Range (14) is near the top of its recent range at 0.00.
Bull Bear Power (13)
$-2.437e-8
Bearish
Bull Bear Power (13) is negative at $-2.437e-8, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
7.36
Oversold
Ultimate Oscillator is weak at 7.36, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.0₅9678
Bullish
SHIGGA is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0₅9770
Bearish
SHIGGA is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to the black sheep

Over the past 7 days, the black sheep price was most positively correlated with the price of VeChain (VET), Shiba Inu (SHIB), Bonk (BONK), Cardano (ADA) and Raydium (RAY) and most negatively correlated with the price of LEO Token (LEO), Basic Attention Token (BAT), Monero (XMR), Pyth Network (PYTH) and Stacks (STX).

Positively Correlated Currencies
NameCorrelation
Image of VeChainVeChain0.950
Image of Shiba InuShiba Inu0.946
Image of BonkBonk0.942
Image of CardanoCardano0.940
Image of RaydiumRaydium0.939
Negatively Correlated Currencies
NameCorrelation
Image of LEO TokenLEO Token-0.838
Image of Basic Attention TokenBasic Attention Token-0.723
Image of MoneroMonero-0.677
Image of Pyth NetworkPyth Network-0.585
Image of StacksStacks-0.409

the black sheep price is positively correlated with the top 10 coins by market cap with a price of 0.536, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.636. Currencies that are positively correlated with the black sheep 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 the black sheep, a move in one direction for the black sheep would translate into a move in the opposite direction for the negatively correlated coin.

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