Shiba Inu ($SHIB) has shown signs of a potential all-time high (ATH) according to a crypto analyst, as the cryptocurrency broke out of a descending trendline. This breakout suggests a bullish reversal in price action. While $SHIB has been on a downward trajectory, the recent breakout indicates a possible change in momentum and opportunities for upward movement. The article highlights key support and resistance levels, as well as current market sentiment and trading activity. However, market indicators suggest that $SHIB may be overbought in the short term, potentially leading to a price correction or pullback. The article concludes with a disclaimer stating that the information presented is for informational and educational purposes only and does not constitute financial advice.



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