The Key Breakout Level Every SHIB Trader Is Watching Right Now
- SHIB eyes breakout as price nears $0.00001233, a key psychological resistance level
- Breakout confirmation hinges on volume strength and candlestick structure integrity
- Long liquidations dominate near $0.00003000, marking it as a historical resistance zone
Shiba Inu (SHIB) is once again making headlines as bullish momentum pushes the token closer to its key resistance level. As of press time priced at $0.00001228, SHIB has seen a 2.66% rise in the last 24 hours, drawing more traders’ attention.
Despite a minor 0.49% dip over the past week, the token’s steady climb from its recent sideways trading area has revived positive market sentiment. With a massive circulating supply of 590 trillion tokens, SHIB’s market cap now sits at approximately $7.23 billion.
SHIB KNIGHT: Can Buyers Break the $0.00001233 Resistance Zone?
Crypto analyst SHIB KNIGHT notes the SHIB/USDT pair currently tests critical resistance around $0.00001233. This price point previously served as a support and now acts as a strong psychological barrier.
Traders have made several attempts to push through, suggesting growing buyer interest in recent sessions. If SHIB closes above this…
The post The Key Breakout Level Every SHIB Trader Is Watching Right Now appeared first on Coin Edition.
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The Key Breakout Level Every SHIB Trader Is Watching Right Now
- SHIB eyes breakout as price nears $0.00001233, a key psychological resistance level
- Breakout confirmation hinges on volume strength and candlestick structure integrity
- Long liquidations dominate near $0.00003000, marking it as a historical resistance zone
Shiba Inu (SHIB) is once again making headlines as bullish momentum pushes the token closer to its key resistance level. As of press time priced at $0.00001228, SHIB has seen a 2.66% rise in the last 24 hours, drawing more traders’ attention.
Despite a minor 0.49% dip over the past week, the token’s steady climb from its recent sideways trading area has revived positive market sentiment. With a massive circulating supply of 590 trillion tokens, SHIB’s market cap now sits at approximately $7.23 billion.
SHIB KNIGHT: Can Buyers Break the $0.00001233 Resistance Zone?
Crypto analyst SHIB KNIGHT notes the SHIB/USDT pair currently tests critical resistance around $0.00001233. This price point previously served as a support and now acts as a strong psychological barrier.
Traders have made several attempts to push through, suggesting growing buyer interest in recent sessions. If SHIB closes above this…
The post The Key Breakout Level Every SHIB Trader Is Watching Right Now appeared first on Coin Edition.
Read More
Why Bitcoin Breaking $85,000 Right Now Looks So Familiar to Analysts