SHIB Price Faces Uncertainty After Failed Breakout Attempt
-
Shiba Inu (SHIB) price rejected by long-term resistance trendline and Fib level last week. Third unsuccessful breakout attempt.
-
SHIB may be trading inside descending wedge pattern, but too early to confirm.
-
SHIB team announced NFT giveaway and mystery celebrity on next magazine cover.
-
Price broke out of descending channel but rejected by 0.618 Fib resistance level. Mixed bullish and bearish signs.
-
Future outlook depends on if price breaks support at $0.0000084 or resistance at $0.0000105. Could see 15% drop or 25% increase.