June 6, 2025

Shiba Inu Nears Key Resistance: Is a Breakout Imminent?

1 min read

Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, is showing signs of a potential breakout as its price consolidates near key resistance levels. Despite a recent downtrend, technical indicators and market sentiment suggest a bullish reversal could be on the horizon for SHIB. The SHIB/USDT chart highlights a descending trendline that has consistently acted as resistance. The post Shiba Inu Nears Key Resistance: Is a Breakout Imminent? appeared first on Coin Edition .

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