Shiba Inu (SHIB) Price Shows Strength, Potential for 32% Breakout?

Shiba Inu (SHIB) has experienced renewed interest as its price remains above a key technical level. Currently trading near $0.00001551, SHIB is maintaining support just above the middle Bollinger Band, currently at $0.00001486. This mid-point often acts as a stabilizing line in the market and offers early insights into price trends. 3.4% growth over the past week showcases SHIB’s resilience, suggesting consistent buying interest. As soon as SHIB surpasses the middle Bollinger Band, we can expect upward pressure to intensify.