Shiba Inu Price Rally Tests Key Resistance Level

Shiba Inu's price has been rallying recently, reaching an intraday high of $0.00000602 before pulling back to around $0.00000590.

This rebound comes after SHIB fell to the $0.000005 area earlier this month and is now testing a key resistance level at $0.0000060-$0.0000061.

If SHIB can clear this zone with stronger buying volume, the next upside area comes into view around $0.0000067, followed by approximately $0.0000072.

SHIB has already recovered from its September breakdown, where it tested the $0.0000051-$0.0000052 region as support after previous attempts to break higher had failed.

The current setup looks considerably stronger than it did earlier this month, with the token testing $0.000006 again.