$SHIB
🔍 Technical Analysis of SHIB Currency
Currently, SHIB is trading at a level of $0.00001224, with a daily trading range between $0.00001217 and $0.00001246.
📉 Support Levels
First support: $0.00001180
Second support: $0.00001160
Third support: $0.00001120
📈 Resistance Levels
First resistance: $0.00001250
Second resistance: $0.00001280
Third resistance: $0.00001300
If the price manages to break through the resistance level of $0.00001300, it may see a rise towards $0.00001519, according to the previously identified double bottom pattern.
⚠️ Important Notes
SHIB faces challenges in achieving strong upward momentum, with a decline of 85% from its all-time high.
The currency has been trading within a descending channel since mid-July, with repeated support at $0.00001230.
Focus is increasing on alternative coins like Remittix (RTX), which offers a practical application in the field of digital payments.
Another note = this is not investment advice you should do your own research