SHIB ANALYSIS
- Shiba Inu price is setting up a potential Adam and Even pattern, suggesting a reversal.
- A decisive close above $0.0000109 will confirm a breakout and project a 30% upswing to $0.0000146.
- A breakdown of 0.00000784 will invalidate the bullish thesis and trigger a downtrend.
Shiba inu price shows a formation of a bottom reversal technical pattern that projects a huge potential bullish breakout. However, Shiba Inu needs to produce a decisive close above a critical resistance level to kick-start this upswing.
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