Bears are targeting a drop to sub-$0.000030 levels for the Shiba Inu Coin.

Mr. Plan ₿
2 min readDec 11, 2021
Source photo Unsplash

Shiba Inu Coin would have to break out from $0.000035 levels to avoid a second day in the red after another reversal on Friday. Shiba Inu Coin would need to break out from $0.000035 levels to avoid another day in the red after another reversal on Friday.

Shiba Inu Coin has a technical analysis. We’ll look at the previous day’s moves as well as today’s support, resistance, pivot levels, and Fibonacci levels.

Shiba Inu Coin

On Friday, Shiba Inu Coin dropped 3.40 percent. Shiba Inu Coin closed the day at $0.00003348, down 6.27 percent from the previous day.

Shiba Inu Coin soared to an intraday high of $0.00003618 in the early afternoon before reversing following a volatile start to the day. Shiba Inu Coin sank to a late intraday low of $0.00003335, falling short of the first significant resistance mark at $0.0000366.

Shiba Inu Coin finished the day in the red after breaking through the first key support level at $0.0000335.

Shiba Inu Coin was up 0.99 percent to $0.0003381 at the time of writing. The day began with a mixed performance, with the price falling to an early morning low of $0.00003312 before rebounding to a high of $0.00003417.

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Mr. Plan ₿

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