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The asset breaks 96,400 USD on May 1 after several days of consolidation. We analyze the behavior between 92K and 96K and what to expect in the coming days.

📈 Technical analysis of the price: from support at 92.62K to 96.40K USD
Between April 24 and May 1, the asset has traveled a very defined range, oscillating between 92,620 USD (minimum marked on April 25) and 96,400 USD, strongly reached on May 1.
During these days, several breakout attempts were observed, but all remained in a sideways channel between 93K and 95K USD, until the key movement occurred on the last trading day of April: an accelerated and sustained rise that broke previous resistances.

Shiba Inu Coin shows a promising recovery in its price this May 1st. We analyze its daily projection and how you can easily invest from Binance.
Shiba Inu Coin: bullish projection for today May 1st
According to the chart provided by CoinMarketCap, Shiba Inu Coin (SHIB) has shown a clear recovery in recent hours. After a pullback that took it below $0.0000130, it has managed to rise to $0.0000136, which represents a rebound signal and possible upward continuation.