The Shiba Inu price trades at $0.00001297 following a 1.26% gain over the last 24 hours, at press time. The token has developed an inverse head and shoulders pattern, implying a potential bullish reversal in case the neckline resistance is breached. Also, a recent surge in token burns and a security upgrade of Shibarium have given an extra boost to market confidence. The Shiba Inu price is therefore in a good position to break out in the near future.
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