Shiba Inu (SHIB) Price Commences a Bullish Trend at $0.000011

Bullish movement may continue

Shiba Inu (SHIB) Price Analysis: 27 April

The price may be able to overcome the resistance levels of $0.000015 and $0.000016, respectively, if buyers can push the price over the $0.000013 level.  The price may fall below $0.000012 and attempt to test the support levels of $0.000011 and $0.000010, respectively, if sellers are successful in holding the currency.

Key Levels:

Resistance Levels: $0.000013, $0.000015, $0.000016

Support Levels: $0.000012, $0.000011, $0.000010

SHIBUSD

Long-term Trend: Bullish

The Shiba Inu daily chart has a clear bullish reversal indicator. Since December 8, sellers have controlled the SHIB market. The price crossed the threshold at $0.000020. Often, bearish candlestick patterns showed that the market was dominated by sellers. The bears’ fervor caused the price to drop below $0.000013. The buyer’s selection was incorporated into the transaction following a review at the assigned support level. Currently, there is a noticeable upward reversal trend in the market close to the $0.000012 support level. When prices increase above the initially designated level, buyers take charge.

.000011" width="1281" height="573" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/04/SHIBUSD_2025-04-27_16-16-06.png"/> The Hull Suite indicator is satisfied by the current SHIB cost.  The price may be able to overcome the resistance levels of $0.000015 and $0.000016, respectively, if buyers can push the price over the $0.000013 level.  The price may fall below $0.000012 and attempt to test the support levels of $0.000011 and $0.000010, respectively, if sellers are successful in holding the currency.

SHIBUSD Price Medium-term Trend: Bearish

The Shiba Inu price drop during a four-hour period is displayed in the pricing table. The currency has been bought and traded for more than $0.000012 in the last two days. Despite the price cut, customers still visit the stores. The price dropped and tested the $0.000012 mark before rising once more at 0.000011. If the 4-hour candle closes above $0.000013, the price could rise sharply.

.000011" width="1281" height="573" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/04/4-HOURS-78.png"/> Shiba Inu prices are currently increasing as a result of bulls pushing the market higher with a positive signal on the Hull Suite FX indicator. The QQE MOD also contains an integer that is more than zero.

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