Shiba Inu is exhibiting a neutral to slightly bullish trend. The price is currently testing the support level around $0.00001350, with resistance near $0.00001400. A breakout above this resistance could signal a continuation of the upward momentum.
*Bullish Scenario: A breakout above $0.00001400 could lead to a rally towards $0.00001500.
*Bearish Scenario: A drop below $0.00001350 may result in a decline towards $0.00001250.
*Bullish Scenario: A breakout above $0.00001400 could lead to a rally towards $0.00001500.
*Bearish Scenario: A drop below $0.00001350 may result in a decline towards $0.00001250.
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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.