Technical analyst Charting Guy predicts a potential price surge for Shiba Inu, a meme coin, based on successful breakout and backtest signals in the meme coin market. Despite a modest growth of 3.34%, Shiba Inu's weekly performance remains negative. Charting Guy believes Shiba Inu is in the final waiting phase and anticipates a significant upside in the near future. The analyst points to a historical chart showing a successful breakout from a seven-month downtrend. If Shiba Inu surpasses immediate resistance at $0.00002266, it could target the $0.0000312 resistance. The analyst also outlines immediate support levels at $0.00001104.
Content Editor ( thecryptobasic.com )
- 2024-10-07
Shiba Inu Full Send Loading as Breakout and Backtest Completed: Analyst
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