Crypto
Shiba Inu faces short-term trendline resistance three times in 15 days; break could spark 50 percent rally
Shiba Inu (SHIB) is holding a support zone around $0.0000056 and could rise more than 50 percent in the short term if it breaks key resistance levels, an analyst said. World of Charts pointed to an upper descending trendline and a horizontal resistance band at $0.00000616 to $0.00000640 as major hurdles, citing repeated rejections. SHIB reached $0.00000616 but failed to close above another downtrend line on a four-hour chart.
