SHIB / TetherUS
Long
Updated

Shiba Inu Seen from Another Perspective

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Shiba Inu Seen from Another Perspective

From our previous analysis, Shiba Inu reached our first target.
However, considering it is a meme coin, it didn't move like other altcoins and didn't follow the movements of other meme coins.

Now might be the time we see Shiba Inu in action.

Technical Analysis:
Shiba Inu is still bullish, and the price is rising in an oval trend, making higher highs on the daily chart. The bullish patterns are clear, and the price has faced strong support several times near 0.00002424.
It has been around this area for about one month, likely indicating an accumulation zone before a bigger wave begins.

You may find more details in the chart!
Thank you and Good Luck!

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