Shiba Inu De Hold Support for 1T Volume, Target 0.00001270
Shiba Inu don surge pass 2% as bulls dem defend double support levels for heavy 1 trillion SHIB trading volume. Shiba Inu bulls hold price pass the ascending trendline from June 22 to Aug 2 lows and keep the 61.8% Fibonacci retracement for $0.00001231. The rebound surpass early decline wey BTC-led market de-risking cause before Fed Chair Powell speech.
Institutional buying reach peak between 13:00 and 14:00 UTC, push SHIB from $0.000012295 to $0.000012574 and break $0.000012600 resistance on high trading volume. The next bullish target dey for the psychological $0.000012700 level. Steady demand above $0.000012089 fit clear road for bullish breakout and carry more momentum for traders.
Bullish
Bull dem don defend key support well well and break resistans wit big big 1 trillion SHIB trade volume, show say dem strong bullish na im feel. For history, Shiba Inu dey rally well well after e clear 61.8% Fibonacci retracement, and di recent institutional buying surge just dey resemble past breakout events. For short term, momentum traders fit target $0.000012700 level, wey fit drive more gains. For long term, sustained demand wey dey above critical support fit bring more investors, but macro factors like Fed policy fit cause random volatility. Di technical pattern and volume trends dey point to bullish outlook.