Shiba Inu (SHIB) Gears Up for a Massive Move – Key Levels to Watch

Shiba Inu (SHIB) has experienced slight fluctuations over the past three days, maintaining relative stability despite shifting trading volumes. As the meme coin consolidates, traders are watching key levels to determine whether SHIB is gearing up for a breakout or further decline.

SHIB’s 3-Day Price Performance

March 20, 2025 – SHIB opened at $0.00001296 and closed at $0.00001261, with a trading volume of $89.16 million, showing mild bearish pressure.
March 21, 2025 – The price briefly climbed, opening at $0.00001280, but eventually closed lower at $0.00001252. Trading volume dropped to $73.51 million, signaling decreased market participation.
March 22, 2025 – SHIB opened at $0.00001298 and closed at $0.00001249, with volume further declining to $54.37 million, reflecting low volatility and cautious sentiment.
March 23, 2025 (Current) – SHIB is trading around $0.00001286, showing a minor recovery but still lacking strong bullish momentum.

SHIB Price Prediction for the Next 3 Days (March 24-26, 2025)

SHIB’s price action suggests a consolidation phase, with traders waiting for a decisive move. Here’s what to expect:

Bearish Scenario (60% Probability)

If SHIB fails to hold above $0.00001250, selling pressure could increase, pushing the price toward $0.00001220 or even $0.00001200 by March 26. A breakdown below $0.00001200 would signal a deeper correction.

Bullish Scenario (40% Probability)

If SHIB maintains support above $0.00001250 and trading volume increases, it could attempt a recovery toward $0.00001300-$0.00001320. A breakout above $0.00001320 could trigger further upside momentum.

Key Levels to Watch

Support: $0.00001250, $0.00001220
Resistance: $0.00001300, $0.00001320

SHIB remains at a critical juncture, and traders should monitor volume and market sentiment to anticipate its next move.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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