SHIB Price Shows Modest Gains Amid Resistance at $0.00001257, Potential Test of $0.000013 Zone Possible
Main Idea
SHIB's price shows modest gains with bullish momentum, currently consolidating between key support and resistance levels, with potential for a breakout if resistance at $0.00001257 is surpassed.
Key Points
1. SHIB price increased by 0.66% in the last 24 hours, reflecting steady bullish momentum.
2. The hourly chart shows SHIB consolidating between support at $0.00001212 and resistance at $0.00001257.
3. A breakout above the $0.00001257 resistance could push the price toward the $0.000013 zone.
4. The interim support zone at $0.00001150 is critical; a close below this level could trigger further decline.
5. Traders are advised to monitor the $0.00001257 resistance and $0.00001150 support for potential market direction.
Description
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