Shiba Inu is defending key support- Are shorting gains limited?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Shiba Inu [SHIB] strongly recovered after securing the $0.00001030 support.
At the time of writing, the meme coin’s price action was on the verge of a bullish crossover – a bullish signal that could push the recovery forward.
However, bulls must clear a key obstacle to advance the recovery efforts. Read Shiba Inu’s [SHIB] Price Prediction 2023-24 Bitcoin [BTC] reclaimed its local highs of $26K and could further boost SHIB’s recovery if the king coin doesn’t falter below the recent highs.
Source: SHIB/USDT on TradingView SHIB’s drop after price rejection at the key sell pressure zone below $0.00001200 was prevented by the $0.00001030 support.
Read more on ambcrypto.com
![Cardano [ADA] hits a price ceiling of $0.388 – Are more gains unlikely?](https://fvbb.com/storage/thumbs_400/img/2023/3/25/60887_fsi.jpg)
![Bitcoin [BTC] can witness a further price hike if these factors are checked](https://fvbb.com/storage/thumbs_400/img/2023/3/25/60879_gv8r.jpg)
![Solana [SOL] outshines Ethereum [ETH] on this crucial parameter](https://fvbb.com/storage/thumbs_400/img/2023/3/24/60876_uj0t.jpg)
