The Shiba Inu (SHIB) cryptocurrency has been trading sideways recently but is down 27% in the past 30 days. Momentum indicators such as the RSI and BBTrend show that SHIB is struggling to establish a clear direction. However, there is a potential for a bullish breakout with a golden cross forming on the EMA lines. If this happens, SHIB could target resistance levels at $0.000017 and $0.000019. On the downside, if selling pressure resumes, SHIB could retest support at $0.000014. The RSI is currently at 52, indicating a lack of strong momentum. The BBTrend has turned positive, suggesting weakening bearish momentum. If the BBTrend continues rising, it could indicate increasing volatility in favor of buyers. A golden cross forming on the EMA lines could signal a bullish breakout and potential gains for SHIB, but a failure to sustain buying pressure could lead to further losses.



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