Shiba Inu found a support at $0.00002399-$0.00002509, the key daily support zone.
A bullish reversal from this zone is likely, assuming we see back bullishness in BTC, and will result in a move to re-test $0.00003107.
A bearish break-out of $0.00002399-$0.00002509 will push SHIB price lower towards $0.00001911.
Intraday Chart
The SHIBUSD 4-Hour chart is bearish and moving to the key intraday resistance at $0.00002814.
(1) A bearish rejection of $0.00002814 or (2) a bearish dip to below $0.00002304 will lead to Shiba Inu price declining to $0.00001264-$0.00001697, the key daily support zone.
A bullish break-out of $0.00002814 will push price to re-test $$0.00003288 and possibly $0.00003762.
Support once read!
Thank you.
A bullish reversal from this zone is likely, assuming we see back bullishness in BTC, and will result in a move to re-test $0.00003107.
A bearish break-out of $0.00002399-$0.00002509 will push SHIB price lower towards $0.00001911.
Intraday Chart
The SHIBUSD 4-Hour chart is bearish and moving to the key intraday resistance at $0.00002814.
(1) A bearish rejection of $0.00002814 or (2) a bearish dip to below $0.00002304 will lead to Shiba Inu price declining to $0.00001264-$0.00001697, the key daily support zone.
A bullish break-out of $0.00002814 will push price to re-test $$0.00003288 and possibly $0.00003762.
Support once read!
Thank you.
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