$SHIB NPC - Processing Centre
🔺ALERT!!!🛑 ALERT!!! 🛑ALERT!!!🔺
🚨 SHIB Faces Crucial Resistance: Will the Breakout Hold? 🚨
Shiba Inu (SHIB)🪙is exhibiting notable strength, currently trading at $0.00001734, marking an impressive 8.9%☝️daily gain. However, it's now entering a significant resistance zone between $0.000017 and $0.000019, where approximately 476 trillion SHIB tokens are held. This area represents the break-even point for about 46% of SHIB holders, potentially leading to increased selling pressure as investors look to recoup losses.
The Relative Strength Index (RSI)📈stands at 52.925, indicating neutral momentum. This suggests that while SHIB isn't overbought, the market is at a pivotal juncture. A sustained move above this resistance could pave the way for a rally towards $0.000024, whereas failure to break through might see SHIB retrace to support levels around $0.000015 to $0.0000145.
All eyes are on SHIB's next move. Will it overcome this barrier and continue its upward trajectory, or will it face a pullback? The coming days will be critical in determining the token's short-term direction. Has SHIB's breakout arrived? All eyes are on the Metrix... hail Lucie 🙏