SHIBarmy

Shiba Inu ($SHIB ) has once again lit up the community headlines with an impressive 12 million token burn, pushing the burn rate up by over 7,200% in just 24 hours. While this explosive on-chain activity highlights the community’s dedication to shrinking supply and driving long-term value, the price chart is telling a different — and more cautious — story.

📉 Price vs. Hype: A Divergence Appears
Despite the dramatic burn spike, $SHIB is showing signs of technical weakness, forming a descending triangle pattern, a historically bearish formation that often precedes significant downside. This pattern, marked by lower highs pressing into a flat support line, reflects growing selling pressure and reduced momentum among buyers.

If the price breaks below the key support zone, analysts are warning of a potential 50% drop — with the next major support target lurking near $0.0000054.

🔍 Technical Breakdown: Why Traders Are Cautious

📌 Pattern: Descending triangle – often breaks lower when volume fades

📉 Support Level: Holding around $0.000010, but losing strength

⚠️ Risk Target: Breakdown could send SHIB to $0.0000054

📊 Volume: No follow-through yet on burn hype = fading bullish momentum

🚨 Don’t Ignore the Burn – But Don’t Blindly Chase It Either
Burn metrics are undeniably strong. A 7,200% increase in burn rate shows commitment from the SHIB Army. But price action always tells the truth, and right now, it’s leaning bearish. Without a clear breakout above resistance, SHIB’s chart suggests that the recent hype could be short-lived.

This isn’t about fear — it’s about risk management. Smart traders are now:

Setting alerts near key support zones

Waiting for volume confirmation on either side

Preparing strategies for both breakdowns and fakeouts

💬 The Bottom Line
Yes, the fundamentals (like burning tokens) are improving. But technical structure outweighs sentiment in the short term. Until SHIB can break out of this descending triangle and reclaim previous highs, the market remains cautious.

Is SHIB headed for a breakout — or breakdown? One thing is clear: the next move will be big.

Stay focused. Stay prepared. Let the chart guide you. 📉🔥

#SHIB #BinanceNews #CryptoTechnicalAnalysis #MemeCoins #SHIBArmy

$SHIB

What would an 8,300% surge mean for YOU? Let’s break it down… 👇

📉 30-Day Dip: -20.43%
📉 7-Day Drop: -11.99%
📉 Current Price: $0.00001174
Yes, it’s red — but for some, that’s opportunity disguised as fear. 🔥

💡 Imagine this:
100 MILLION $SHIB = Just $1,174 today
If $SHIB hits $0.001 → That’s a cool $100,000 😳💸

To get there?
🚀 SHIB needs an 8,300% climb
🏦 Market Cap would reach $589B — a massive feat, but not impossible in a full bull cycle.

😤 Frustrated holders are venting…
💎 But diamond hands are quietly stacking.
Because when the crowd panics, the bold position early.

🧠 Ask yourself:
Are you shaking out… or zooming out?

👇 Would you buy 100M SHIB right now?
Let us know in the comments!

#SHIB #Write2Earn ShibaInu #Altcoins #Binance #CryptoOpportunities #BuyTheDip #NextBullRun #SHIBArmy #BombieBinanceTGE