SHIB/USD 1DAY UPDATE BY CRYPTO SANDERS !!

Hello, welcome to this SHIB/USDT 1DAY chart update by CRYPTO SANDERS.

I have tried to bring the best possible outcome to this chart.

CHART ANALYSIS:-Shiba Inu (SHIB), which was one of Wednesday’s biggest gainers, climbing by as much as 17%, fell by over 10% today.

Following a high of $0.00001295 in yesterday’s session, SHIB/USD dropped to an intraday low of $0.00001097 earlier today.

Thursday’s drop came as the meme coin was unable to cross a long-term resistance level at $0.00001300.

Despite the relatively large drop in price, the 14-day relative strength index (RSI) is still deeply overbought.

As of writing, the index is tracking at a level of 80.22, which is close to a ceiling at the 82.00 mark.

SHIB has somewhat rebounded from earlier declines and is currently trading at $0.00001114.

This is not a piece of financial advice.
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