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Technical analysis by SwallowAcademy about Symbol SHIB: Buy recommendation (12/3/2025)

https://finbeet.com/message/3960342
SwallowAcademy
SwallowAcademy
Rank: 30699
1.2

Shiba Inu (SHIB): Looking For Breakout of 200EMA | Bullish

Message Type:Buy
Price at Publish Time:
$0.0000089355
Buy،Technical،SwallowAcademy

SHIB is holding its local bottom well, showing that buyers are stepping in at the same zone each time. The key here is the 200 EMA — every attempt to break above it has been rejected so far, but the reactions are getting stronger. Once buyers finally secure a clean break and hold above the 200 EMA, we should see a decent upside continuation toward the major target. Until then, this remains a buildup phase where we wait for confirmation before taking the long. Swallow Academy

Source Message: TradingView