$SHIB
Shiba Inu (SHIB) is trading at approximately $0.00002271, reflecting an 8.14% increase over the previous close.
Technical Analysis:
Moving Averages (MAs): The current technical analysis indicates a 'Neutral' signal for SHIB, with 9 indicators suggesting a buy, 8 indicating a sell, and 8 remaining neutral. Among moving averages, 7 suggest a buy, 6 a sell, and 2 are neutral.
Oscillators: Among oscillators, 2 indicate a buy position, 2 suggest a sell, and 6 remain neutral.
Support and Resistance Levels: Immediate support is identified at $0.000021, with resistance at $0.000026. A breakout above the resistance could signal a bullish trend, while a drop below support may indicate a bearish movement.
Recent Developments:
Shiba Inu has shown signs of recovery with a bullish trend in the medium and long term, despite a notable correction after an impressive rise.
