Shiba Inu Coin shows a strong recovery this May 8, 2025, surpassing $0.0000134 USD. Is this the perfect time to invest? Here we provide the analysis and the best option to start today.
🔍 Technical analysis of Shiba Inu Coin (SHIB) - May 8, 2025
The chart for the last 24 hours reveals a significant recovery in the price of SHIB, rising from $0.00001288 to $0.0000134 USD, marking an upward trend after several hours of consolidation.
✅ Key points:
Support: $0.00001260 USD.
Current resistance: $0.0000134 USD.
Current trend: Bullish (last 12 hours with continuous growth).
Stable volume: no signs of overbought yet.
💡 Is it a good time to invest?
Yes. The current behavior suggests bullish momentum that could continue if it maintains volume and breaks resistances. If you're looking to buy before a new rise, this could be a good short-term entry.
🚀 How to start investing in Shiba Inu?
Register for free on Binance and start today:
👉 Create an account on Binance
🔐 Buy, sell, and store your SHIB with total security on the world's leading platform.
