The currency $SHIB is moving in a sideways trend with a downward slope, where the level 0.00001189 – 0.00001105 forms a strong support area, while the area 0.00001297 – 0.00001405 represents a difficult resistance that has not been breached recently, with higher resistance at 0.00001597. The RSI indicator at level 46 indicates a neutral stance leaning towards weakness without being oversold, while the MACD shows weakness in momentum with the lines converging below zero. Accordingly, the short-term trend remains volatile, with anticipation of a breakout of resistance for upward movement or a break of support for further decline.
$SHIB #Shibalnu #BinanceSquare