SHIB had a strong trend from $0.00001150 to $0.00001480, then saw a healthy pullback into $0.00001330 before bouncing back to retest highs. A potential cup and handle formation is playing out here. Immediate support sits at $0.00001420 — bulls must defend this to confirm bullish continuation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.