🚀 SHIB: Ready for a Breakout or More Consolidation? 🔥 #SHİB #SHIBFuture

🧐 Introduction

SHIB is currently trading at $0.00001998 (+0.65%), with 2.44T SHIB traded in the last 24 hours. After reaching a high of $0.00002057, SHIB is consolidating. Will we see a breakout or more sideways movement?

📊 Technical Analysis

🔹 Bollinger Bands: Price hovering near the middle band, indicating consolidation.

🔹 Moving Averages: SHIB trading close to MA(5) & MA(10), suggesting indecision in the market.

Support & Resistance:

🟢 Support: $0.00001949

🔴 Resistance: $0.00002057

🎯 Trading Strategy

✅ Bullish Case: A breakout above $0.00002057 could push SHIB towards $0.000022+.

❌ Bearish Case: If the price breaks below $0.00001949, a drop to $0.000018 or lower is possible.

🔮 Future Outlook

SHIB’s recent price action suggests a potential breakout. Traders should watch volume and price action closely for confirmation before entering.

🏆 Pro Tip

Look for increasing volume and bullish confirmation before making a move.

⚠ Disclaimer

This is not financial advice. Always do your own research before investing.

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