CandleFocus

SHIB to Hit $0.00003? Analysis Hints at a Potential Rally

Shiba Inu (SHIB) has experienced sideways movement and fluctuations but may be gearing up for a major rally. Technical indicators suggest the digital asset could reach the long-lost $0.00003 level. The token recently broke through resistance levels and formed bullish patterns, indicating potential upward momentum. The 50-day EMA and $0.000020 are key resistance levels to watch, with the ultimate target being $0.00003, representing a potential gain of over 100%. However, if the bullish momentum falters, $0.00001297 is a critical support level to monitor.

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