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SHIB Price Prediction for June 24
The market correction has taken a pause today, and Shiba Inu’s price is rocketing by 8%. However, despite the recent growth, the rate of SHIB is falling after a false breakout of the resistance level at $0.00001190. If the daily bar closes far from this level, bears may take control, potentially leading to a correction down to the support zone around $0.00001150.
From the midterm perspective, the situation appears more favorable for buyers. SHIB’s price is rising after a false breakout of the support at $0.00001028. Nevertheless, buyers might need additional time to accumulate energy for a further upward move. In this scenario, sideways trading within the range of $0.000011-$0.00001250 would be the most likely outcome.
Currently, SHIB is trading at $0.00001163.
Source: u.today
