Shiba Inu (SHIB) price found resistance near key resistance at $0.000037 during its recent upward move, CryptoPotato reported. Currently, bullish buyers are unable to break through this resistance level and the price is trading sideways. While the bullish momentum has temporarily slowed down, it also provides an opportunity for sellers to come back. If buyers are unable to break through the current resistance soon, the bears may take SHIB to the key support level at $0.000025. Additionally, the daily MACD histogram is showing lower highs, which is an early bearish signal. If the moving averages also form a bearish crossover, then SHIB’s price could test current support before buyers return.

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