Be Ready Dear $SHIB Holders;
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Shiba Inu (SHIB) has surged past critical resistance levels, reaching 2750, amidst recent volatility. The token faces a major price resistance at the 0.5 Fibonacci retracement level, which may halt further upward movement. Despite this, bullish signals are present, with high daily volume and potential open interest gains, targeting levels up to 3150 if market conditions remain favorable. However, caution is advised due to short liquidations, which could lead to temporary price consolidation. Key levels to watch include 2400, a recently broken support level, and the aspirational volume target of 16 billion, last seen in March.