Technical analysis by MeLikeCrypto about Symbol SHIB: Buy recommendation (4/8/2024)

auto fib flipped on the daily. rsi looks healthy. timeline looks to play out through the end of april into may after halving. the closer to halving the more attention crypto will have. shiba is still alive, just heavily shorted at the moment. shorts will have to let up eventually. burns are still in effect. supply is getting scarcer as times goes on. be patient. glhf.