Late July trading has placed Shiba Inu crypto in a technically precarious position. While the broader market hovers near $2.3 trillion, the Fear & Greed Index sits at 26, and $SHIB’s daily RSI has reached 77.27 — a reading that historically signals caution.

Key takeaways

• $SHIB’s daily RSI at 77.27 signals overbought conditions on the higher timeframe.
• The hourly RSI at 58.19 keeps the short-term bullish structure intact.
• The Fear & Greed Index at 26 reflects deep caution despite climbing prices.
• DEX volumes have collapsed — Uniswap V3 down 57.76%, Curve down 72.32% in a single day.
• The conflict between daily and hourly timeframes demands disciplined…