$SHIB price analysis....🚀🚀🚀
SHIB
$0.000026
rose above the downtrend line on April 21, but the bulls failed to overcome the barrier at the 50-day SMA ($0.000028). #SHIB/USDT daily chart.
If the price pierces the 50-day SMA, it will suggest that the corrective phase may be over. The SHIB/USDT pair could rise to $0.000033 and thereafter attempt a rally to the solid resistance at $0.000039.
Conversely, if the price turns down sharply and breaks below the 20-day EMA, it will suggest that the breakout above the downtrend line may have been a bull trap. The pair may then slide toward $0.000020.
