• Shiba Inu is in an uptrend with clear higher highs since late June.
• Buyers continue to dominate the chart and push the price even higher.
• Momentum remains positive on both MACD and RSI indicators.

Shiba Inu Price Analysis

Shiba Inu is in a clear uptrend, with momentum still favoring bulls. The price has been making higher highs since late June, and buyers continue to dominate the chart, pushing it even higher.

Key Support & Resistance Levels

The key support level for SHIB is $0.0000080 while the key resistance level is $0.0000094.

Uptrend & Bearish Wedge Formation

SHIB appears to be forming a bearish wedge which could see the price break under it once the key resistance is hit.

Buy Volume

Despite regular pullbacks, buyers are still flooding in whenever SHIB breaches a key resistance, pushing up its price in a short amount of time.

Bullish Momentum

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