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by: xpoolPosted on: August 11, 2025

SHIB Nears Breakout Point as Trendline Pressure Builds

Shiba Inu (SHIB) is currently trading near a long-term descending trendline. A successful breakout could signal significant price movement, potentially leading to resistance levels around $0.00003344 and $0.00004551. 7-day and 25-day moving averages have crossed above the 99-day MA, indicating a potential bullish trend reversal.

Related posts:

  1. Shiba Inu Gains Momentum: Golden Cross Formation Signals Potential Price Shift
  2. SHIB Breaks Through $0.000016 Barrier, Targeting Resistance Ahead
  3. Will Shiba Inu’s Wedge Breakout Trigger a 105% Price Surge?
  4. SHIB Price Set for Breakout: Falling Wedge Pattern Points to Upside Move
Cryptocurrency SHIB Technical Analysis

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