$SHIB is consolidating and showing signs of accumulation around the 0.5 - 0.618 Fibonacci retracement levels on the Daily timeframe! đ
The current price is approximately $0.0000130.
After finding strong support near the prior breakout trendline, Shiba Inu is now trading within a healthy retracement.
A successful hold above these key Fibonacci levels could confirm renewed bullish momentum, targeting $0.0000155 (0 Fibonacci), and potentially $0.0000168 (0.27 Fibonacci extension) and higher. đ
Watch this memecoin for a potential bounce!