Bitcointod

📉 Current Structure
Price: ~70.9K
Recent high: 72.8K (rejection)
You can see a lower high + weak consolidation after rejection
Momentum is slowing down after that strong pump
👉 This is showing short-term bearish pressure, not strong bullish continuation.
🔴 SHORT Setup (More Valid Right Now)
Why:
Rejection from 72.8K = strong resistance
Price forming lower highs
MACD already curving down (momentum weakening)
Entry idea:
Around 71K – 71.5K (pullback area)
Or breakdown below 70.5K
Targets:
70K
69.7K
69K (strong support zone)
Invalidation (SL):
Above 72K (if price reclaims → bullish again)
🟢 L

According to Token Terminal, the supply of stablecoins on Ethereum has reached an all-time high of $180 billion, marking a 150% increase over the past three years.
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Analysis for SHIB/USDT Chart now, open Long or Short with TP and SL
Here is a comprehensive SHIB/USDT analysis as of April 7, 2026 (00:06 UTC):
———
SHIB/USDT Chart Analysis
Current Price Data
| Metric | Value |
|---|---|
| Price | $0.000005832 |
| 24h Change | -3.33% |
| 24h High / Low | $0.000006095 / $0.0000058 |
| 7-day Change | -2.02% |
| 30-day Change | +10.54% |
| 90-day Change | -33.64% |