SHIB has once again entered the traders' sight. The price of Shiba Inu is trading around $0.00001239, and some traders believe it may be ready for a significant fluctuation. Community analyst Javon Marks shared his views on X, stating that SHIB might be preparing for a rebound, potentially pushing the price up over 150%, with a target close to $0.000032. The bullish divergence for Shiba Inu could be a signal. According to Marks, the SHIB chart shows bullish divergence in a two-day timeframe. In simple terms, this situation occurs when the price continues to make lower lows, but the Momentum Index starts to rise. It is generally seen as a signal that the trend may be shifting.
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SHIB has once again entered the traders' sight. The price of Shiba Inu is trading around $0.00001239, and some traders believe it may be ready for a significant fluctuation. Community analyst Javon Marks shared his views on X, stating that SHIB might be preparing for a rebound, potentially pushing the price up over 150%, with a target close to $0.000032. The bullish divergence for Shiba Inu could be a signal. According to Marks, the SHIB chart shows bullish divergence in a two-day timeframe. In simple terms, this situation occurs when the price continues to make lower lows, but the Momentum Index starts to rise. It is generally seen as a signal that the trend may be shifting.