Discover SHIB's journey as it approaches a critical resistance, with insights on market trends and activities guiding its potential breakout.
Breaking through this level could set the stage for SHIB to achieve new highs, potentially reaching a point last traded in the second quarter of 2024.
However, this rally now faces a critical test as it approaches a major resistance level at 0.00001740, a level that has historically capped upward price movements. A positive Open Interest indicates that traders are increasingly taking long positions, anticipating that SHIB’s price will climb even higher than its current level.
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