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The price of the memecoin Shiba Inu (SHIB) is about to break out of a 20-day consolidation period. While the rest of the market is bullish, SHIB continues to struggle under bearish pressure, but this situation seems likely to change soon. The daily candle on SHIB’s price chart indicates it is very close to breaking out of this horizontal range, and the critical resistance level is likely to be tested once again. Since this critical resistance level has been tested before, a breakout might occur.
#ShibaInu $SHIB