SHIB Analysis

Although price has been recovering for the last couple of weeks, I still don´t see clear reversal indications.

We have yet to see a higher high / higher low, or bullish RSI divergence. These are key to consider a reversal.

The green resistance zone is a key level to be broken for a bullish bias.

Meanwhile, I´ll still be looking for downside reversals in smaller timeframes targeting the June low at 0...1004