Shiba Inu (#SHIB) has seen some interesting movement recently, with strong bullish sentiment but also facing some resistance levels.
While technical indicators are subjective, some analysts point to resistance levels around $0.000038 - $0.000046 as potential hurdles for further price increase.
Overall sentiment surrounding SHIB appears to be bullish. The recent price surge, community activity, and burn initiatives contribute to this optimism.
The Fear and Greed Index for cryptocurrencies is currently reading "Extreme Greed," which could indicate the market is overheated and due for a correction.
