Shiba Inu Price Prediction for June 9th

Despite a bearish market opening, most cryptocurrencies have turned green according to CoinStats. SHIB/USD remains relatively unchanged compared to yesterday. On an hourly chart, SHIB’s price is nestled within the local trading range between support at $0.00001234 and resistance at $0.00001277. ⏳ With most of the ATR (Average True Range) cleared, traders are unlikely to see significant fluctuations tomorrow. Looking at a longer timeframe reveals similar dynamics: SHIB’s price is far from key levels, indicating continued sideways trading around current values. 📈 From a midterm perspective, SHIB’s price lies within the previous weekly bar. Low volume suggests that neither buyers nor sellers are showing strong energy. In conclusion, we anticipate minimal volatility in the near future.