SHIB price is modestly bullish after a 1.62% 24‑hour gain, breaking hourly resistance near $0.00001253 and testing $0.00001264. If daily close holds above that level, short-term targets lie at $0.000013–$0.00001350, with sideways risk between $0.000012–$0.000014. Data from CoinMarketCap and TradingView support the view.
Bullish momentum: SHIB broke hourly resistance and is testing $0.00001264 with potential to reach $0.000013–$0.00001350.
Short-term range: Expect consolidation between $0.000012 and $0.000014 unless daily close confirms a breakout.
Market data: SHIB rose 1.62% in 24h and trades at $0.00001278 at press time (CoinMarketCap, TradingView reference).
SHIB price climbs 1.62% as bulls test $0.00001264 resistance; SHIB/USD updates, short-term targets to $0.000013–$0.00001350, and key trading levels — read now.
Published: 2025-08-22 | Updated: 2025-08-22 | Author: COINOTAG
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The end of the week is bullish for most of the coins, according to CoinMarketCap.
SHIB price shows a short-term bullish bias after a 1.62% gain in 24 hours and an hourly resistance break near $0.00001253. Bulls must secure a daily close at or above $0.00001264 to support moves toward $0.000013–$0.00001350; failure to hold may keep SHIB in a $0.000012–$0.000014 range.
Hourly charts show a clear breach of the local resistance at $0.00001253. Volume on intraday candles increased modestly during the breakout, supporting the move. Traders should watch the daily candle close and the immediate support at $0.000012 to gauge conviction. Coinotag analysis highlights the importance of $0.00001264 as the next confirmation level.
On the hourly chart, the price of SHIB has broken the local resistance of $0.00001253. If bulls can hold the gained initiative and the daily bar closes nearby or above, the growth may continue to the $0.000013 area tomorrow.
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Source: https://en.coinotag.com/shib-may-extend-gains-after-breaking-local-resistance-could-reach-0-000013-0-0000135/