Hailey LUNC has recently observed that Shiba Inu i
Hailey LUNC has recently observed that Shiba Inu is testing the upper boundary of a descending channel that hasn’t been changed since February 2023. Price bounced from the $0.00000800–$0.00000950 support and is now near the 50-day moving average. This level also aligns with the channel’s midline
The three consecutive resistance levels it may test are $0.00001500, $0.00001750, and $0.00002050. Further movement may reach $0.00002500, followed by $0.00002812 and $0.00003857. If the breakout fails, a return to $0.00000850 is possible. Weekly gains of over 14% have been recorded. Upcoming closes will determine direction as the token holds a critical level.
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