Shiba Inu (SHIB) is currently resting on a solid support level at $0.00001, leaving market participants speculating about its future moves. The coin may rebound from this level and resume its uptrend if the RSI climbs higher and trading volume picks up. Alternatively, SHIB may consolidate in a narrow range if the RSI remains stable and trading volume remains low, or it may experience further declines if selling pressure increases and the RSI drops. Traders may wait for clearer signals before making trades, as consolidation phases can last for extended periods before a decisive breakout occurs.
(By Arman Shirinyan)
All Comments