#ShibaInu Breakout Could Be Massive as Range Tightens and Selling Pressure Fades.
Shiba Inu is gearing up for a range breakout after an extended period of consolidation.
SHIB entered this channel on March 11 and has since consolidated between its upper resistance around $0.0000060 and support around $0.0000057.
This pattern of accumulation often aligns with periods where an asset builds momentum for a decisive price move.
If Shiba Inu breaks out from this range, then higher prices should be in order, with the closest resistance at the 100-day SMA at $0.00000669.
