The barrier around $0.000015 could be breached if Bitcoin approaches six figures on the SHIB/USDT 12-hour chart, with the price of Shiba Inu remaining unchanged at $0.000012, just below the crucial short-term resistance area between $0.000011 and $0.000012.
This area is indicated by the simultaneous convergence of the 5-day, 8-day, and 13-day simple moving averages. The bullish crossover observed on Friday, confirmed by the green arrow, indicates that there is short-term bullish momentum; however, the flattened slope of these moving averages suggests that there may be some hesitation.
The MACD is still in the positive region, but its histogram is tightening, indicating that the bullish momentum may be coming to a halt until a trigger, such as Bitcoin crossing $100,000, revives the activity.
In this particular scenario, a decisive close above $0.000012 could confirm the bullish structure, with upward targets placed at the peak of $0.000016 reached in March.
If, on the other hand, the floor of $0.00001150 is not maintained, there is a possibility of a bearish reversal occurring around $0.00001050.
#BinanceAlphaAlert #BitcoinWithTariffs #SaylorBTCPurchase #BinanceSquareFamily
