Forecast $SHIB : Price Forms Bullish Flag
On the daily chart, memcoin has formed a bullish flag. This is a technical pattern that indicates a possible continuation of the uptrend. It begins with a sharp increase in price (the “flagpole”), followed by a short-term consolidation in a narrow range (the “flag”).
The pattern suggests that after the consolidation phase, the price is likely to go up. As you can see from the chart, SHIB seems to be following this pattern. If the buying pressure intensifies, the token price may rise to $0.000030. In the most optimistic scenario, the price may rise to $0.000032. However, if Shiba Inu holders decide to list more tokens on exchanges, the situation may change. Then memcoin may fall to $0.000020
