Shiba Inu Price Prediction Will $SHIB Recovery $0.00001 In November?

🔥 On October 25th, Shiba Inu broke through the monthly resistance at 0.000007879 with strong volume. A bullish surge was expected, but market sentiment has raised doubts about its sustainability.

Shiba Inu's consolidation range is now between $0.00000785 and $0.000010758, with a supply zone at $0.00000873.

Over the past three weeks, SHIB has surged 24.5% from $0.0000066 to $0.00001825, supported by rising trading volume. However, the broader market's uncertainty has kept it trading sideways.

An upward breakout from $0.00000781824 could accelerate momentum, potentially reaching $0.00875 and even $0.00001.

❗️ But there's a potential downside. If SHIB fails to maintain the breakout and falls below $0.00706, it could face intensified selling pressure down to $0.00106.

Technical analysis indicators like EMAs and MACD offer mixed signals, so caution is advised.

Keep an eye on these levels and indicators for Shiba Inu's future moves. #shibaInu #cryptocurrency #crypto2023 #BTC #bitcoin