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BitBroo

09/04 16:47

Shiba Inu Price Action Builds Pressure As Triangle

Shiba Inu Price Action Builds Pressure As Triangle Pattern Nears Its Defining Moment

The current chart reveals SHIB consolidating within a symmetrical triangle pattern, narrowing toward a possible breakout. Price has tested the key resistance zone around $0.00001400 multiple times, showing resilience yet failing to push through. 

On the downside, the support near $0.00001100 has consistently cushioned declines. This triangular compression suggests that volatility could spike sharply once price exits the structure. 

With meme coins still commanding strong speculative interest, SHIB’s positioning inside this range becomes more important. The Shiba Inu price therefore reflects a tug-of-war that is nearing resolution.h


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