Shiba Inu price has been consolidating since it hit a new all-time high on October 28. So far, SHIB has been hovering around a crucial barrier, showing indecision among buyers and sellers. At this level, market participants can expect the Dogecoin killer to provide another buy opportunity before it blasts off.
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Investors can expect Shiba Inu price to dip into this area, ranging from $0.0000559 to $0.0000622 or slide briefly below it to collect ‘sell stop’ liquidity. Doing so will allow market makers to push SHIB higher.
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