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SHIB Traded in a Range, but Investors Could Profit From These Levels

Shiba Inu [SHIB] has traded between $0.00000792 and $0.00000854 since 17 December. The meme coin’s price action was confined to the upper trading range but fell into the lower range on 27 December.

At press time, SHIB was trading at $0.00000799. However, it could break below the range boundary at $0.00000792 and retest the $0.00000778 level before bouncing back.

SHIB could continue to trade sideways in the current trading range in the coming weeks if the trading volume remains almost constant.

(by Suzuki Shillsalot)

Shiba Inu SHIB
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