SHIB consolidates between $0.0000270 and $0.0000283, awaiting breakout signals.
Breaking the $0.0000283 resistance could spark bullish momentum for Shiba Inu.
RSI at 50.44 and MACD below the signal line suggest SHIB’s short-term consolidation.
Shiba Inu (SHIB) has captured investor attention as its price consolidates within a narrow price range. Traders speculate on its potential to achieve significant price milestones, such as reaching three cents.
Over the last 24 hours, SHIB’s price displayed resilience within a narrow range, showing signs of consolidation. This could suggest a possible breakout on the horizon.
As per Coinmarketcap data at press time, SHIB’s price is currently hovering around $0.00002749, investors are closely monitoring key levels that could determine the token’s next move. Right now, sentiment seems balanced, but traders want to know if SHIB has the strength to reach its targets.
Key Support and Resistance Levels Signal Market Strength
SHIB’s immediate support level sits at $0.00002726, a critical zone that has been tested twice in the past day. Both times, buyers stepped in, creating a rebound and demonstrating resilie…
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