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.
During yesterday's session, the price experienced a gradual decline from $0.00001352 to a low below $0.0000128. However, today's chart shows a trend change, where the green zone indicates that buyers have regained control. This movement suggests possible consolidation and a short-term target that could hover around $0.0000138 if the momentum is maintained.
Investors are paying attention to this signal, as it could be a good opportunity to buy before a new surge.
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This content is for informational purposes only and does not constitute financial advice. Cryptocurrencies are volatile assets; invest at your own risk.