The post Is Shiba Inu Preparing for a Bullish Run or Falling Weak? appeared first on Coinpedia Fintech News
Shiba Inu (SHIB) has been stuck in a bit of a holding pattern, but something could be brewing. The price is sitting at $0.00002552, and it’s been up about 3.77% recently. But here’s the kicker—SHIB is forming a symmetrical triangle on the charts. If you’re into technical analysis, you know this often signals a breakout. If the price goes up, some are calling for a target of $0.00003255—a 32% jump from where we are now. But nothing’s for sure. Let’s dig in and see what’s going on.
SHIB Still on Edge
Right now, the market’s pretty undecided. SHIB has been inching up, but overall, there’s not much movement. It’s like everyone’s waiting for a sign—nobody’s making any bold moves just yet. Trading volume has picked up a bit, jumping 83.49%, but that doesn’t tell us much yet. People are active, but they’re not sure where to go.
Looking at s
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