SHIB price is pulling back, but remains green on the weekly chart. 📉
- **Support Levels:** $0.000014
- **Resistance Levels:** $0.000020
**1. SHIB in Pullback Period**
After a strong performance last week, SHIB price is pulling back. However, it is up 7% in the last seven days. Buyers are expected to return.
**2. Uptrend Continues**
There is good support at $0.000014. The biggest challenge is the $0.000020 resistance. This level was tested in late September, but the bears have held strong here.
**3. Sellers Dominate This Week**
In daily volume, sellers have dominated four of the last seven days. The good news is that most of the selling pressure is behind us and SHIB has a chance to form a new base. A second test could break above $0.000020. 🚀