SHIBA INU (
$SHIB ) PRICE UPDATE & PREDICTION
Shiba Inu’s price bounced back today, extending the bullish momentum that kicked off this past Sunday.
On the daily chart,
$SHIB has broken above the upper boundary of a symmetrical triangle pattern, signaling potential strength.
Additionally,
$SHIB formed a double-bottom around $0.0000120 and surged past the 50-day Weighted Moving Average (WMA).
This technical setup suggests the token could continue climbing, with buyers eyeing the key resistance near $0.00001590, the highest level reached back in May.
⚠ The positive outlook could be invalidated if
$SHIB falls below the crucial support level at $0.00001150.
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