SHIBA INU TARGETS $0.000017 !

Shiba Inu is currently trading at $0.00001436, with a potential breakout looming due to its position within a triangle pattern. Analysts predict a 17% move, either up to $0.0000175 or down to $0.0000134, depending on the direction of the breakout .

Key Factors:

-Triangle Pattern: Shiba Inu's price has been consolidating within a descending triangle on the 4-hour chart, indicating a potential breakout.

Resistance Level: The overhead resistance trendline is at $0.00001708, aligning with the 100% Fibonacci level, which could be the target if the price breaks out upwards.

Support Level: The key support level is at $0.00001393, and a breakdown below this could lead to a retest of the $0.00001230 level .

Market Sentiment: The market is currently waiting for a trigger, with low volume and a narrowing price range, suggesting a potential breakout is imminent.

Potential Targets:

-Upside Target: $0.000017, with a potential surge to $0.0000175 if the breakout is successful.

-Downside Target: $0.0000134 or lower to $0.00001230 if the price breaks down .#BinanceHODLerSOPH #TradingTypes101 #shiba⚡ $SHIB