Technical analysis by paper_Trader1775 about Symbol SHIB on 5/7/2025

SHIB broke it's upward trendline, but did not commit to a change of character to say it is in a downward trend; however it is delicately balanced between an Anchored VWAP below and 10 EMA on top. If it breaks this consolidaton downward we could possibly have price action towards 0.00001162 area, but if we break the 10 EMA we could have price action towards to 0.00001358.10 EMA 0.00001300.Anchored VWAP 0.00001254.