Shiba Inu, the dog-themed meme coin, is potentially poised for an upswing, according to technical analysis. Despite a recent market downturn, Shiba Inu could rebound and target higher prices. A recent analysis suggests that Shiba Inu could break out from a descending channel and reach several price targets. The analyst expects resistance at $0.00003236, with further upsides to the $0.00003870 supply zone. The long-term target is a surge to $0.00004349, but this relies on intense bullish momentum. If the downtrend continues, potential support levels are marked at $0.00002230 and $0.00002170. Shiba Inu is currently trading at $0.0002173, up 1.73% in the past 24 hours.



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