💥💥💥 New #Shibalnu ($SHIB ) Bull Run Possible but Under an Important Condition: Details
1. SHIB Turns Bullish
- After a prolonged consolidation in August, SHIB seems to have found its bottom and is now poised to explore higher levels. The support at $0.000011 held firm, and bulls are now targeting the key resistance at $0.000014. If this resistance is broken, it could spark a new rally. At the time of writing, SHIB is trading at $0.000012.
2. Is the Downtrend Nearing Its End?
- Should buyers step in at this level, SHIB might finally end the downtrend that has persisted for months. For this to happen, it’s crucial that SHIB turns the $0.000014 level into support. This week could be pivotal in determining SHIB's next move.
3. Bullish Momentum Returns
- The daily #MACD flipped bullish last week, and now the two-day MACD has followed suit. This indicates that buyers are gaining the upper hand, and if this momentum continues, SHIB could enter a sustained uptrend.
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Source - cryptopotato.com
