🚨Shiba Inu Poised for a Breakout: Bulls on the Offensive! 🚀
Shiba Inu ($SHIB) has been trading just below the $0.000020 overhead resistance, showcasing that the bulls are holding their ground and keeping the pressure on! 🔥
📈 Breakout Potential:
With the 20-day EMA ($0.000017) trending upwards and the RSI in positive territory, the stage is set for a potential breakout. If the price closes above $0.000020, the SHIB/USDT pair will complete an inverted head and shoulders pattern, signaling a bullish reversal with a target objective of $0.000028!
⚠️ Bearish Counteraction:
However, if bears want to thwart this upward momentum, they must act quickly to pull the price below the 20-day EMA. A drop below this level could see the pair retreat to the 50-day SMA ($0.000015), keeping it trapped within the $0.000012 to $0.000020 range.
💥 Will Shiba Inu break through the resistance and soar, or will bears reclaim control? Stay alert as this thrilling battle unfolds!
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