The currency $SHIB shows a short-term upward trend after rebounding from a strong support level at 0.00001160 and rising above the upward trend line. The price is currently facing resistance at 0.00001330 near the moving averages (EMA25 and EMA50), which puts it in a critical testing zone. The MACD indicator has started to show improvement and positive momentum is increasing, while the RSI at 50 indicates a balance between buying and selling forces. If the resistance is firmly broken, the rise may continue towards 0.00001427; otherwise, failure may bring the price back towards 0.00001234.#Shibalnu #Binance #BinanceSquareTalks
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