🚀 Shiba Inu is approaching a decisive moment! Are we on the brink of a new launch? 🔥
The SHIB/USDT currency is currently experiencing a state of high anticipation, trading at a level of $0.00001207 with a slight decrease of -0.66%, after touching a local bottom at $0.00001138. 👀
Technical indicators show that the currency is in an oversold area (RSI 33), which may indicate a near-term upward rebound. Additionally, we notice a contraction in the downward momentum on the MACD indicator, which enhances the likelihood of a new upward wave if the price remains above the current support.
📉 Selling pressure is still evident, but there are signs of weakening in the negative momentum, making this phase ideal for closely monitoring market movements.
🎯 Will SHIB have a strong rebound? The smart trader is one who observes and does not act randomly.
📊 Follow the technical analysis daily and stay informed to identify the best entry opportunities!
