🚀 Will Shiba Inu Jump 50% After Breaking Resistance? 🐕🔥
Shiba Inu ($SHIB) is back in the spotlight after months of consolidation — and the bulls are waking up. 📈
💡 The Setup:
• Price is pushing toward $0.000021, the key breakout level.
• A daily close above it could ignite a rally toward $0.000029 (+50%).
• SHIB is holding strong above the 200-day EMA, showing solid support.
📊 On-Chain Confidence:
• Long/short ratio at 0.97 (Coinglass) → traders leaning bullish.
• 24h volume up +125%, signaling heavy demand.
📌 Key Levels:
• Resistance: $0.000021 → breakout target $0.000029
• Support: 200-day EMA
⚠️ Risk Factor: If $0.000021 rejects, SHIB could face renewed selling pressure. Bitcoin’s trend will be a major influence.
At the time of writing, $SHIB = $0.0000191 (+6% 24h). The next few sessions could decide if we’re in for a meme coin moonshot. 🌙
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