$SHIB
🚨 SHIB Price Forecast: Short-Term Targets 🚨
The long-term Shiba Inu forecast is bullish based on the abovementioned harmonic pattern. However, the four-hour chart points to short-term volatility and potential retreat.
This chart shows that it has formed a head and shoulders pattern. The head is at last month’s high of $0.00001523, while the two shoulders are at $0.00001390, and the neckline is at $0.00001285. A move above the shoulders and the head will cancel the bearish Shiba Inu price forecast.
This pattern often leads to a strong bearish breakout, which in this case, will be confirmed if it drops below the neckline. By measuring the distance from the head to the neckline and the same one from the neckline, it shows the most likely short-term SHIB forecast at $0.000010, down by 20% below the current level.