The Shiba Inu (SHIB) price is showing resilience, holding above the $0.00001796 support level as bullish sentiment grows. After attempting a breakout yesterday, SHIB finds itself in a critical zone where the next moves could dictate its short-term trend. Traders are closely watching key resistance and support levels in hopes of a bullish push.
Immediate Resistance at $0.00001939: This level remains the first hurdle for SHIB bulls. A break above it could set the stage for a more extended rally.
Support at $0.00001796: This level has provided a strong floor for SHIB, keeping the current bullish momentum intact.
Target Resistance at $0.00002153: If SHIB breaks above $0.00001939, the next target sits at this resistance level. A move toward this zone would likely attract more buyers and intensify the rally.
Potential bearish shift: If SHIB falls below $0.00001796, traders may focus on downside levels at $0.00001714 and $0.00001565.
Excitement about Shiba Inu is evident as investors anticipate the upcoming major development. Holding steady above support has given them a spark of confidence, but the real thrill comes if SHIB can push past resistance. All eyes are on that breakout moment—could today be the day SHIB finally makes its move? One thing’s for sure: SHIB fans are ready for the action!
This post was last modified on Oct 31, 2024, 11:30 GMT 11:30