π SHIB Nears Breakout!
Shiba Inu has formed a bullish ascending triangle pattern after a recent decline. If SHIB closes above $0.000017, it could rally 20% to $0.000020, signaling strong upside momentum.
π° Traders Show Mixed Sentiment!
While some investors are accumulating, others are dumping SHIB onto exchanges. A $1.65M inflow suggests potential selling pressure, but open interest is up 12%, showing renewed trader optimism.
β οΈ Key Liquidation Levels to Watch!
Major liquidation zones sit at $0.00001545 (support) and $0.00001695 (resistance). A decisive breakout above $0.000017 is needed to confirm the uptrend.
π Whatβs Next for SHIB?
With bullish sentiment building, traders must watch for volume confirmation before a breakout or rejection at key levels. Will SHIB finally surge past resistance?
β οΈ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.