Shiba Inu (SHIB) is about to explode? The target price in 2024 points to $0.0555. The strong will always be strong!
After a wave of 80% increase, it ushered in consolidation, but this is just the beginning! Technical analysis by top analyst InvestingHaven shows that SHIB is ready to go at the key Fibonacci level. Breaking through the resistance level of $0.028 may trigger the next round of pull-ups, pointing directly to $0.0444 or even higher.
Why does market sentiment continue to rise?
Fibonacci gold retracement: SHIB's current price firmly holds the key support level, and the technical signal is strongly bullish. Buying resilience is evident: After a short retracement, the market heat remains unabated, and the bulls are still strong. The target price is ambitious: If the trend in 2024 is as expected, the target price of $0.0555 within the year is within reach.
The trading window is approaching! The current price of SHIB is $0.026, and the short-term resistance is $0.028. Once it breaks through, it will quickly challenge the psychological barrier of $0.03. Don't say that the senior didn't remind you, this may be the next explosion point of the Meme sector!
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