Shiba Inu Analysis #####
Shiba Inu broke above the symmetrical triangle formation on May 27, indicating that the uncertainty resolved in favor of the bulls. It started rising towards the 20-day EMA average of $0.000025, and the RSI is in the positive zone, signaling that bulls have the upper hand. There is minor resistance at $0.000030, but it is likely to be surpassed. The SHIB/USDT pair could then rise to $0.000033.
If the price retreats from the current level, it is likely to find support at the moving averages. Bears will need to pull the price below the support line to initiate a drop towards the 78.6% retracement level of $0.000017...
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