Shiba Inu (SHIB) has been thundering along with the rest of the encryption market, but there is an obstacle to the horizon on the chart that can lead or break the next main step.
According to the data on the series, 38 trillion sits gray codes near the current price level, which forms a resistance area towards a mark of $ 0.000013. To push SHIB higher, the bulls will need to exceed this display barrier.
At the time of writing this report, Shayb has increased by 1.12 % in the past 24 hours to $ 0.00001216, with eyes up to $ 0.000013; However, the journey may not be clear.
according to INTOTHEBLOCK Data, a large amount of symbols were previously purchased near the level of $ 0.000013. Between $ 0.000012 and 0.000013 dollars, 67,020 titles holds 38.17 trillion graying at a maximum price of $ 0.00013.
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Holders of the huge amount who entered at $ 0.000013 or nearly a break or securing profit will be looking for, which may create the sale pressure. The supply group works at the level like the ceiling, as it is possible that the sale orders will overcome the demand and stop any ascending gathering. In order for the height to continue, the bulls must absorb or exceed liquidity on the side of the sale above.
Shiba Inu plans confirm the upright obstacle
Shayb has gained a slightly upscale momentum, as the broader market seemed to recover. After a decrease on Thursday, Shayba Eno increased from a decrease of 0.00001167 dollars to $ 0.00001247 on Friday.
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The rise seeks to continue in the early Saturday session, with the upcoming obstacle is SMA Daily 50 at $ 0.00001257. This decisive barrier was crowned at the price of Sheba Eno since December 2024, with emerging attempts to break it in late March.
In the coming days, a decisive break will be monitored over this main barrier, with SHIB restored 0.000013 dollar.
If it is achieved, the Shiba Inu will meet its next obstacle between 0.000013 dollars and 0.000014 dollars, where 19 trillion grains are held through 37,040 titles. A huge obstacle is located in the range of $ 0.000014 and 0.000019 dollars, where 545 trillion sheep is held through 161,660 titles.
