Shiba Inu on Brink of Breakout With One Major Catch Holding It Back
Shiba Inu breakout signals are emerging right now as the SHIB price remains trapped between $0.0000108 and $0.0000122 for over three weeks now, as CoinGecko reveals. This compressed trading range creates what analysts call a “Big Bang” setup, where even small catalysts can trigger major price swings. However, the Shiba Inu breakout faces significant crypto market pressure and deteriorating investor sentiment that continues to hold back meaningful progress above key Shiba Inu resistance level barriers. Source: CoinGecko Also Read: SHIB Burn Rate Explodes 10,845%: Can It Smash $0.0000120 Next? Shiba Inu Breakout Threatened by SHIB Price Risks and Resistance Source: Watcher.Guru Technical Indicators Show Compressed Price Action The SHIB price exhibits classic consolidation patterns right now after erasing much of its post-March momentum. Recent candles have been clustering near the upper edge of the trading range, and the RSI has climbed to 48.35 – which is slightly above...