Will SHIB Explode Following This Bullish Signal? (Shiba Inu Price Analysis)

• Key support levels: $0.0000070, $0.0000064
• Key resistance levels: $0.0000075, $0.0000080
• The support at $0.0000070 has halted the downtrend, indicating buyer dominance.
• The price has formed a higher low, suggesting a bullish trend.
• The resistance at $0.0000075 may be tested soon, potentially leading to a breakout.
• A breakout could propel the price to the next key resistance at $0.0000080, initiating a significant rally.
• The daily MACD has shown a bullish cross, further supporting upward movement.
• The only obstacle to a rally would be strong selling pressure at the key resistance level.
• The overall bias for SHIB is bullish, with a potential for higher levels.

The sentiment of the article is positive, indicating optimism for a potential rally in the price of SHIB.