$SHIB ๐๐๐
SHIB Price Prediction for March 6.
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SHIB/USD.
The rate of SHIB has fallen by 10% over the last 24 hours.
On the hourly chart, one should pay attention to the daily closure in terms of the local resistance level of $0.00003947. If the candle comes back to that mark, growth may continue to the $0.000040-$0.000042 zone soon.
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On the bigger time frame, the rate of SHIB is trying to continue its growth after yesterday's dump. At the moment, the price is below the level of $0.00003650.
However, if buyers can seize the initiative and the bar closes above it and with no long wick, there is a chance to see a test of the vital zone of $0.000050.
On the weekly chart, there are no reversal signals yet, however, one should focus on the bar closure. If it happens far from its peak, traders may witness a correction to the nearest support zone around $0.000030.
SHIB is trading at $0.00003630 at press time.$SHIB