Could the SHIBA Inu $ 0.0022 bulls be regained, as Bulls SHIB tries to restore the main control?
The SHIBA Inu price indicates that it can bounce as investors try to control the famous measure of the Meme symbol. SHIB appears to create trends that will help in pushing it to the decisive price of $ 0.0022.
The graying scheme displays the positive wave composition
Many encryption analysts have found possible upward trends at the SHIB price. Analyst Javon Marx Shown A common rise in Shaiba Eno’s plans. This generally indicates that the downward trend loses its strength. According to the analyst, “numbers”, this pattern indicates that the bulls can be in a great control over the distinctive symbol price movement.
$ Shib (Shiba Eno) There is alongside normal spacing too!
With numbers, bulls can come to restore the main control
! pic.twitter.com/haqddlmxe
– Javon
The detailed plan analyzed by the trading trading CAPT.PAARABOLIC TOBLERONE shows the composition of the Elleott wave with the named waves, indicating that SHIB may complete a corrective stage.
The graph indicates the different wave points specified by letters A, B, C and 1-5. This sticks to the principle of the traditional Elliot wave. The current level may be preparing for the fifth wave movement that may target higher reasons.
The SHIB price scheme has strong technical marks. It has a clear channel structure with support and resistance levels. It also indicates a possible end to correct the wave structure and some goals at different prices, of which 0.0022 dollars are a strong goal.
SHIB/USDT has witnessed initial indicators, unlike the declining direction since November 2021.
Shiba Inu prices and resistance areas for viewing
The road to the level of $ 0.0022 again offers the technical obstacles to SHIB. The SHIBA Inu price of 0.00,001190 includes a 2 % limited margin, but it is still far from achieving the target level. Technical plans indicate a number of resistance levels that must be overcome to create a strong upward trend.
$ Shib – Update the graph. https://t.co/ogr5eyxzri pic.twitter.com/6EF7N8WCTG
Captain. Para8olic Toblerone (@CAptttoBLERONE) April 17, 2025
The primary resistance appears at a level of $ 0.0000140. This confirms with the historical response to the prices and the end of the wave 5, clear from the artistic chart.
Moreover, the $ 0.0000170 region represents another major barrier. This is because it was a support and resistance during the previous price procedure in 2024.
If Bulls managed to maintain bullish momentum, the next main level will be $ 0.0022, which carries psychological importance and corresponds to long -term visible technical structures on the graph. This level was a major pivotal point throughout the history of trading.
The modern analysis also shows an emerging golden cross, indicating that the price is likely to break $ 0.0022.
Vignesh karunanidhi
Vignesh Karunanidhi is an experienced encryption journalist with nearly 7 years of experience in the cryptocurrency industry. It has contributed to many posts, including Watchergaru, Beincrypto, Milkroad and Authored, more than 10,000 articles
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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