SHIBA INU Price Prediction, Shiba Rally As BONK Prevails

SHIBA finds support at $0.00000910; potential rally beyond $0.000010.

• According to Coingabbar Price Analysis, Over the past 9 months, SHIBA INU has traded within a horizontal channel pattern.

• SHIB experiences a surge toward $0.00001 after a brief bounce from $0.000096 support as well as 20-Day EMA.

• On December 11th, SHIBA retested the support of a descending trendline and subsequently bounced back towards the $0.000010 level.

• SHIBA is currently trading within a Rounding Bottom Pattern.

• In the daily timeframe, Shiba Inu remains above the critical 20-day EMA, signaling a potential breakout as historical patterns suggest upward movement when this level is maintained.

• A significant sell-off is likely if the 20-day EMA is breached as support.

• The RSI supports the bullish sentiment with a trend strength reading of 60.

KEY LEVELS :

RESISTANCE LEVEL : $0.00001020-$0.00001070

SUPPORT LEVEL : $0.000009400-$0.000009000

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