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by: xpoolPosted on: April 17, 2025

SHIB Price in Tightening Squeeze: Is a Breakout Brewing?

The Shiba Inu (SHIB) price is exhibiting a tight descending triangle pattern, signaling a potential breakout if support holds. Recent indicators suggest that volume surge and a rebound in the Relative Strength Index (RSI) are erasing bearish pressure and paving the way for accumulation. A key resistance area between $0.00001250 and $0.00001300 could define SHIB’s short-term direction.

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Cryptocurrency SHIB Technical Analysis

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