SHIB Nears Resistance, Falling Wedge Breakout Signals Potential Upside

SHIB is nearing resistance near $0.00001420 within a falling wedge pattern on the 3-day timeframe. This pattern suggests potential for bullish action if the token breaks above the upper trendline and pushes towards targets of $0.00001800 and $0.00002300. However, failure to break resistance may see SHIB drop toward support near $0.00001250. 4.74% gain in recent sessions highlights renewed interest from traders. The article analyzes the specific price patterns, volume activity, and community sentiment related to the potential breakout.