$SHIB

🚨 Technical Patterns Suggest Major Upside 🚨

The weekly chart reveals that SHIB recently bottomed at $0.00001080, a price level that coincides with an ascending trendline connecting the lowest price points from June 2023, October 2023, and March 2024. This trendline has repeatedly acted as strong support, with the price bouncing upward each time it approaches this level.

A pseudonymous crypto analyst highlighted that SHIB has formed a double-bottom pattern with a neckline at $0.000033, representing a potential 145% increase from current levels.

More bullish projections suggest SHIB could target $0.000139, which would represent an 894% rally from current prices and exceed its previous all-time high by 50%. The most optimistic forecast points to a price of $0.00023, which would equate to a staggering 1,479% increase

The Relative Strength Index (RSI) has turned upward, moving from 35.8 to 43, further supporting the bullish case.

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