Shiba Inu (SHIB)
Shiba Inu, the second biggest meme coin with 13th position globally, clearly showcases a declining wedge pattern and has recently surged by testing the crucial support trendline. The strong buying has been witnessed, as a liquidity grab candle has formed from the $0.00010 psychological level, coinciding with trendline support coming from the year's second quarter.
With the broader market recovery sentiment on the green side. Currently, the meme coin SHIB has traded at $0.00001412, which has experienced a slight surge of 0.43% after the recent surge.
According to the daily chart structure, breaking through the upper trendline of the wedge is the key to a sustained upward direction movement. A successful breakout could signal a significant price advancement, with bulls eyeing the level at $0.000022 or even at $0.000029 if the momentum continues.
Shiba Inu, the second biggest meme coin with 13th position globally, clearly showcases a declining wedge pattern and has recently surged by testing the crucial support trendline. The strong buying has been witnessed, as a liquidity grab candle has formed from the $0.00010 psychological level, coinciding with trendline support coming from the year's second quarter.
With the broader market recovery sentiment on the green side. Currently, the meme coin SHIB has traded at $0.00001412, which has experienced a slight surge of 0.43% after the recent surge.
According to the daily chart structure, breaking through the upper trendline of the wedge is the key to a sustained upward direction movement. A successful breakout could signal a significant price advancement, with bulls eyeing the level at $0.000022 or even at $0.000029 if the momentum continues.
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.