Krutika Adani
Shiba Inu, which was stuck between $0.00001275 and $0.00001454, might soon break out above the latter level.
Since 03 Aug 2024, SHIB has been stuck between $0.00001275 and $0.00001454 and has been trading indecisively.
However, the indecisiveness might soon change as Shiba Inu has rejected the price level of $0.00001275 and has been trading around $0.00001368.
Shiba’s renewed bullishness despite a recent crash and the flooding of SHIB after WazirX hack shows that the crypto has been highly bullish in recent times.
After crossing above $0.00001454, Shiba Inu might attempt to cross $0.000020. On the downside, $0.00001275 is still a strong support zone.