SHIB TECHNICAL ANALYSIS SEPTEMBER 28

Shiba Inu (SHIB) gained momentum after breaking above the immediate resistance at $0.000016 on September 26.

The SHIB/USDT pair continued its upward journey and surpassed the breakout level of $0.000020 on September 27. If the bulls can achieve a close above $0.000020, the pair could extend its rally to $0.000029.

Contrary to this assumption, if the price declines sharply from the current levels, it will indicate selling on the rise. A break below $0.000018 will indicate a range-bound action between $0.000012 and $0.000022 for a few days.

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