SHIB Price Set for Breakout: Falling Wedge Pattern Points to Upside Move

Analysis of SHIB’s technical chart suggests a potential price breakout is imminent. A well-defined falling wedge pattern, characterized by two downward-sloping trend lines converging and indicating reduced selling pressure, indicates bullish momentum. This pattern aligns with SHIB’s recent resistance near 0.00001750, where buyers are holding the current zone, strengthening their chance for an upward price movement.