Shiba Inu Could Rise Strongly if Shutdown in the U.S. Will Be Avoided
Shiba Inu (SHIB) is trading flat this week at $0.00001181, underperforming the broader crypto market where Bitcoin (BTC) is up 1.1% to $112,127. Hopes are rising that a U.S. government shutdown could be avoided after Donald Trump agreed to meet congressional leaders on Monday, suggesting a possible bipartisan funding compromise ahead of Wednesday’s deadline. Such a deal would be supportive for crypto assets. SHIB has lost 19% over the past two weeks, testing both its uptrend line and horizontal support at $0.0000100. This level has historically provided strong footing, raising the chance of a swift rebound if political risks ease, with potential to advance toward the next resistance at $0.0000200.
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