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Main Idea
The article discusses potential price movements and technical indicators for Shiba Inu (SHIB), Ethereum (ETH), and Bitcoin (BTC), highlighting key support and resistance levels.
Key Points
1. Shiba Inu (SHIB) is near the 200-day EMA, and a further decline could lead to a significant retracement, with key support levels at $0.000014 and $0.0000135.
2. Ethereum (ETH) shows signs of weakness with declining volume and overbought RSI, with important levels to watch at $3,000 and $3,682.
3. Bitcoin (BTC) faces a potential breakout or deeper retracement, with resistance near $120,000 and support in the $114,000-$116,000 range.
4. Technical indicators suggest fading momentum for SHIB and ETH, while BTC's correction remains shallow with steady volume.
Description
Correction on Bitcoin ending, but it might push altcoins down
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