Shiba Inu (SHIB) Market Sentiment Turns Bullish: Support and Resistance Levels to Watch

The Shiba Inu (SHIB) market is showing a positive shift today, suggesting the next leg up for the cryptocurrency may be imminent. The SHIB/USDT trading pair is experiencing a promising rise. This improvement in market sentiment has invigorated the SHIB community, known as the #ShibArmy, sparking optimism for a potential upward trend. KNIGHT, a notable […]

The post ShibArmy Celebrates as SHIB Price Eyes Key Resistance Level appeared first on Coin Edition.

Shiba Inu (SHIB) Market Sentiment Turns Bullish: Support and Resistance Levels to Watch

  • SHIB’s current price increase indicates positive market sentiment and potential upward trend.
  • Key support levels at $0.00001578, $0.00001523 and $0.00001469 guide entry points.
  • Breaking the 0.00001752 resistance level could push SHIB towards 0.00001800 and higher targets.

The Shiba Inu (SHIB) market is showing a positive shift today, suggesting the next leg up for the cryptocurrency may be imminent. The SHIB/USDT trading pair is experiencing a promising rise. This improvement in market sentiment has invigorated the SHIB community, known as the #ShibArmy, sparking optimism for a potential upward trend. KNIGHT, a notable figure in the community, shared a detailed analysis highlighting key support and resistance levels, which could guide traders in their decisions.

The chart provided by KNIGHT indicates crucial support levels at $0.00001578, $0.00001523 and $0.00001469. These levels are essential for traders to watch as they offer potential entry points if the price retraces.

On the other hand, the resistance levels outlined are at $0.00001752, $0.00001800, $0.00001858, $0.00001900, $0.00002000 and $0.00002031. These levels mark significant price points w…

The post ShibArmy Celebrates as SHIB Price Eyes Key Resistance Level appeared first on Coin Edition.