MEXC Announces Listing of Shardeum (SHM) With 72,000 SHM and 150,000 USDT in Bonuses
MEXC Exchange Listing: MEXC will list Shardeum (SHM) in its Innovation Zone on May 8, 2025, and is celebrating with three events offering a total prize pool of 72,000 SHM and 150,000 USDT.
Shardeum Overview: Shardeum is an EVM-compatible blockchain focused on low gas fees and decentralization, with $31 million in funding. Its native token, $SHM, serves utility and governance roles within the ecosystem.
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Technical Analysis for SHM
Technical Sentiment Analysis for Shardeum (SHM) As of , Shardeum (SHM) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHM stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SHM is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Shardeum (SHM) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000083 | 0.0000896 | 0.0000944 | 0.000101 | 0.000106 | 0.000112 | 0.000117 |
| Fibonacci | 0.0000896 | 0.0000939 | 0.0000966 | 0.000101 | 0.000105 | 0.000108 | 0.000112 |
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