Shiba Inu Escape Alert! 🚀
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Hello crypto enthusiasts! 🌐 Ready for some SHIB excitement? 🐕💰 Let’s dive into the Shiba Inu (SHIB) price analysis.
SHIB attempts its fourth breakout of a 570-day descending resistance line. 📉 In the short term, we find ourselves at the crossroads of diagonal resistance levels. Is it going to burst? 🤔
On the weekly chart, things look promising. Despite three rejections, SHIB could break above the long-standing descending resistance trendline. The RSI signals bullish vibrations, hinting at bullish momentum. 📈
Daily chart analysis reveals SHIB dancing within ascending parallel channels. The daily RSI is above 50, pointing towards a breakout. 🕺 If successful, we could see SHIB reach around $0.0000128. 🚀 But be careful! Failure could result in a 25% decline to $0.0000080. Are you interested in risk assessment? ⚖️
Remember that trading decisions should be made cautiously and based on an assessment of individual risks. 💼
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Happy trading and may SHIB be with you! 🐕💎
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