SHIB / TetherUS

SHIB: Pullback in Uptrend

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Shiba Inu (SHIB) technical analysis:

Trade setup: Following a bullish breakout from Falling Wedge and above 200-day moving average, price entered an Uptrend again. Pullback near $0.000012 support could be a swing entry opportunity in uptrend.

Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).

Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).

Support and Resistance: Nearest Support Zone is $0.000012 (previous resistance), then $0.000010. The nearest Resistance Zone is $0.000015, then $0.0000180.

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