A fresh alert has sent shockwaves through the SHIB community, raising fears of potential scams. Despite the concerns, excitement bubbles beneath the surface. Is this the spark needed for a price rebound? This article unravels the current situation and explores which coins might be poised for a surge. Shiba Inu Price Bounces as Growth Potential Remains Steady Source: tradingview Shiba Inu's price is currently between $0.00001168 and $0.00001310, showing modest growth. Over the past week, the price rose about 7%. It sits slightly above the 10-day moving average. The near-term target is the resistance level at $0.00001374. Breaking it could lead to a jump towards the second resistance level of $0.00001516. This move would be an increase of over 10% from the current range. While support isn't far below the price, the positive market momentum hints at potential growth ahead. Overall, Shiba Inu seems to have a stable path for gains if bullish trends continue. Conclusion Despite the recent scam warning, the SHIB community remains strong. This could spark renewed interest in SHIB as holders react to keep the asset secure. Scam alerts may serve as a wake-up call, pushing more members to contribute to the ecosystem's safety. A rebound could be possible if confidence grows and more people engage positively with the coin. The increased awareness and proactive measures could lead to strengthened trust and a potential boost in SHIB's value. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
