Hi Guys,
IT's Big & Big #alert About $SHIB Breakout !!!
Shiba Inu Prepares for Potential Price Breakout
Ethereum-based memecoin Shiba Inu (SHIB) is preparing for a potential bullish breakout to retest its all-time high. With a fully diluted market cap of around $25 billion and an average daily trading volume of $653 million, Shiba Inu remains a popular memecoin.
However, SHIB‘s price has encountered resistance at approximately $0.000029 over the past eight weeks, causing indecisive investors to focus on more volatile memecoins inspired by political themes like MAGA.
Shiba Inu’s SHIB price may potentially retest the recent correction base around $0.000018 before a possible rise towards $0.000080, aligned with the weekly 1.618 Fibonacci extension line.
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