Shiba Inu (SHIB) has recorded a 6.32% price surge within the last 24 hours, decisively breaking through the critical resistance level of $0.00001356. This technical breakthrough signals potential for additional upward movement in the short term.
Currently trading at $0.00001374, SHIB demonstrates robust bullish momentum. Analysts project that sustained buying pressure could propel the token toward testing the $0.000014 price range.
The cryptocurrency is anticipated to undergo consolidation within the $0.000013-$0.000015 range as market participants accumulate positions. Key factors influencing SHIB’s trajectory include broader market sentiment, trading volume patterns, and reaction to crucial resistance zones.
SHIB remains accessible for trading across multiple cryptocurrency exchanges. Investors are advised to utilize reputable and established platforms when executing transactions involving the token.