Technical analysis by petermichalides about Symbol SHIB: Buy recommendation (8/13/2025)

Shiba Inu is exhibiting a neutral to slightly bullish trend. The price is currently testing the support level around $0.00001350, with resistance near $0.00001400. A breakout above this resistance could signal a continuation of the upward momentum. *Bullish Scenario: A breakout above $0.00001400 could lead to a rally towards $0.00001500. *Bearish Scenario: A drop below $0.00001350 may result in a decline towards $0.00001250.