SHIB/USD Price Outlook for May 28 🌟
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🐶 The SHIB price remains steady with no significant change since yesterday.
📈 On the hourly chart, SHIB appears to have encountered a local resistance level at $0.00002622. However, it’s essential to monitor the daily close. If the closing price deviates significantly from this level, a correction to $0.000025 might be on the horizon.
🔍 On the daily time frame, the situation is still ambiguous. SHIB continues to build momentum for a potential sharp move. Consequently, traders may not witness immediate significant price shifts.
📊 From a midterm perspective, attention should be given to the weekly bar in relation to the previous candle's peak. If SHIB closes above $0.00002686, it could pave the way for a test of the $0.00002820 resistance level in the near future.
🕒 Currently, SHIB is trading at $0.00002656.
