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Shiba Inu (SHIB) Poised to Break Resistance

Showing high volatility, Shiba Inu price has been stabilizing between $0.000023 and $0.000028, with a modest increase of less than 1% over the past week. Still, this small price movement for Shiba Inu indicates growing momentum, given its impressive 45% increase over the past month.

The Shiba Inu price chart shows that the altcoin is now facing resistance, but also showing signs of breaking this level around the $0.000030 mark. If this happens, the next major resistance at $0.000035 could be reached in the coming days, offering notable gains for Shiba Inu (SHIB) holders.

Technical signals support the bullish assessment of Shiba Inu (SHIB). The price chart indicates increasing momentum in the MACD, Momentum Oscillator, and Moving Averages, confirming the altcoin’s strong uptrend.$SHIB