Shiba Inu Price Targets $0.000033 After Recent Correction
Recent analysis indicates that Shiba Inu is showing signs of a bullish rally following a correction phase. Key points include:
- The price may recover to a target of $0.000033.
- Analyst ‘Real_CryptoRoy’ suggests that breaking the resistance at $0.000025 could confirm a bullish trend.
- A strong trading volume is necessary for future gains beyond $0.000033.
- Shiba Inu is currently in a correction, having fallen 35% from its local high of $0.000033.
- The $0.00002 level serves as a critical support zone, tested twice, indicating buyer interest.
- A higher low established recently suggests waning selling pressures and potential end to the correction.
The analyst notes Bitcoin's performance will significantly influence Shiba Inu’s movement. Mid-term investors may find opportunities to accumulate at current prices around $0.00002.
