After several months of stagnation in prices, a TradingView analyst has estimated that Shiba Inu could experience a momentum breakout 0 asset has been range-bound since April, and the price dynamics show an accumulation and hesitation among 1 projection indicates that the token may move towards the upper resistance before retracing, potentially leading to a new wave of 2 recent drawbacks, the market sentiment for Shiba Inu remains optimistic, driven by hopes of a sustained 3 Highlights Key Support and Resistance Zones ForexDreamVantage, a TradingView analyst, notes that Shiba Inu has been confined to a narrow range of consolidation over the past six 4 chart indicates that the token is moving between the areas of 0.00001080 and 0.00001760, with the lower limit serving as a “strong buy zone.”.
The analyst determined this level as one of the key areas where buyers have consistently re-entered the market, helping maintain price 5 Inu 1-day chart.
Story Tags

Latest news and analysis from Coinpaper