SHIB Enters a Tight Daily Range: Is a Major Price Move Near?

SHIB remains trapped between rising support and descending resistance near $0.00000506. Narrowing Bollinger Bands signal reduced volatility and increasing pressure for a decisive breakout. Weakening MACD momentum leaves SHIB’s next major direction dependent on structural confirmation. Shiba Inu has entered a tight daily range, leaving traders waiting for a decisive breakout. Rising support and falling resistance now converge near $0.0…