Shiba Inu Trades Above Support (35% Potential Target)

Shiba Inu (SHIBUSDT) has been recovering ever since the 18-June low.

We can appreciate two cup patterns.

The light blue marked space is for support.

SHIBUSDT is trading above EMA10, EMA21 and EMA50 on the 12H timeframe with a strong RSI.

Trading above EMA10 = bullish potential short-term.

We are bullish above 0.00000930.
This is our stop-loss.

You can find the 35% target mapped on the chart.

This is not financial advice.

Thank you for reading.

Namaste.


--
Previous trade idea: