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SHIB Price Prediction for August 3

2025-08-03 14:10:03

SHIB Price Prediction for August 3

Main Idea

The article discusses SHIB's recent price movement and potential bullish trends, while also highlighting the importance of consulting financial experts before investing.

Key Points

1. SHIB's price increased by 1.18% over the last day.

2. On the hourly chart, SHIB made a false breakout of the local resistance at $0.00001223.

3. Increased volatility is unlikely by tomorrow as most of the daily ATR has been passed.

4. If the daily bar closes above $0.00001220, growth may continue.

5. From a midterm perspective, the outlook for SHIB is less bullish.

Description

Can next week become bullish for SHIB?

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