Shiba Inu [SHIB] shows bullish intent, watch out for a breakout above…

Shiba Inu [SHIB] shows bullish intent, watch out for a breakout above...

Shiba Inu’s [SHIB] Price PredictionIf Bitcoin can defend the $21.2k-$21.6k in the coming weeks, bullish prospects remain valid for SHIB. A rallying BTC can drive sentiment wildly positive for the meme coin. A 16% or even 28% move upward could occur if the ideal bullish scenario played out.The $0.0000117 level is a vital support level. It served as resistance in September and early October, and was flipped to support in late October before failing in November.

Together with the bullish structure, the inference was that Shiba Inu was likely to resume its northward journey after venturing into the bullish order block. A daily session close beneath $0.0000109 will break the structure and flip it to bearish.

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