Shiba Inu (SHIB), which has gained more than 15 percent in the last 4 days, is trying to break through a critical resistance area.
SHIB, which draws attention with its short-term price structure, has come to a profitable area. Memecoin, which has risen to the forefront by increasing 16 percent in the last 4 days, is currently trading in the resistance area. Which areas are most important to monitor for SHIB?
What prices can the Shiba Inu (SHIB) reach?
SHIB momentum, which started at $0.0000089, continues unabated. Coming to a key resistance and decision zone, SHIB could attack towards $0.00001079 if it can break above $0.00000110 and sustain. This price structure corresponds to an increase of 7.35 percent from the current value. An upper resistance comes at $0.00001159. Targeting this resistance at the instant price shows that an increase of 15.22 percent is possible.
The background of the Memecoin trend or the sharp fall of BTC will naturally shake the price of SHIB. In this kind of situation, the levels that can be watched as support are 0.0000089 – 0.00000844 – 0.00000774 – 0.00000751 respectively. If $0.00000751 fails to find sufficient support from the buyers, it could open the door for bigger declines.
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