"Is the dip a washout, or the last chance to get in?" Recently, the altcoin market has seen a resurgence, and Shiba Inu (SHIB) is quietly standing at the doorstep of a new round of explosion after completing the key technical structure backtest. A synergy of 'bullish and bearish forces' from charts and futures markets may be opening a new chapter for this 'dog'.
1. Shiba Inu has completed a bullish structural backtest, next stop: $0.00001871?
From a technical chart perspective, SHIB has completed a breakout and retest of the 'inverse head and shoulders' formation. The neckline is approximately $0.0000144, situated above the 23.6% Fibonacci retracement level. Recent trends indicate:
The price broke through last week and touched a high of $0.0000170;
A pullback then occurred, retesting the neckline support and stabilizing;
The current retracement position is exactly the 'golden zone' for bullish confirmation in technical analysis.
If the trend continues, the next target will be around $0.00001871, corresponding to the 50% Fibonacci retracement line, indicating nearly 25% upside potential from current levels.
2. Indicators show a 'bull-bear divergence', but RSI hides a reversal opportunity.
From the momentum indicators, some short-term technical volatility signals have emerged:
MACD has crossed below the signal line, indicating the possibility of a short-term pullback;
However, the RSI has rebounded from midline levels, previously nearing oversold, and is now turning upward;
At the same time, a potential morning star pattern appears on the daily chart, which is a typical bullish reversal signal.
Combining the overall candlestick structure with trading blocks, the current structure resembles a bullish continuation rather than a reversal top.
3. The derivatives market is sending strong signals, with leveraged funds leaning towards bullish positions.
In addition to technical chart support, bullish logic has also been confirmed in the futures market. According to CoinGlass data:
Financing rates have surged to 0.1010%, a recent high, indicating that bullish capital is willing to pay a premium for positions;
Open interest has increased by nearly 2%, reaching $220.18 million, with funds continuing to flow in;
In the past 12 hours, the amount of short liquidations reached $93,000, while long liquidations were only $35,000, clearly indicating an upward tilt in the funding structure.
This means market sentiment is switching, with leveraged traders betting on price increases, while shorts are being forced to 'stop-loss and exit', providing fuel for further price increases.
4. Mlion.ai perspective: Key data points to 'reversal confirmation', can we follow up?
Using Mlion.ai's AI technology pattern recognition system and on-chain fund monitoring tools, we can provide the following multi-dimensional conclusions about SHIB's current trend:
🔍 The inverse head and shoulders pattern has been confirmed on the daily chart, currently in the 'upward movement after retest' phase;
📊 On-chain address activity and the number of small holders have slightly increased, indicating a return of retail enthusiasm;
🧠 The capital flow model shows recent moderate intensity of 'bullish institutional accumulation' behavior, especially with significant buying traces in the 0.000014 area;
🧭 Combining the price expectation model generated by Mlion.ai, the current structure has a technical rise potential of 22%-28%, with corresponding resistance levels in the range of 0.0000185~0.000019.
5. Strategy suggestions: Those who follow the trend win, but don't forget risk control.
If you already hold SHIB:
Consider gradually taking profits in the 0.000018 area and set the neckline ($0.0000144) as the risk point;
If this position is broken, it will retest the support at $0.00001265 in the short term, corresponding to the early May low.
If you are still observing:
You can combine AI trend indicators with on-chain momentum monitoring, waiting for the RSI and MACD to form synchronized resonance before entering;
Or utilize Mlion.ai's **'bullish liquidation tracking feature'**, to identify in real-time whether the capital push is consistently strengthening, capturing clearer trend momentum.
Summary: Is the dog about to take off again? Don't just see it as a meme.
Shiba Inu has evolved from 'meme' to 'on-chain ecosystem', and now with technical charts + futures data showing bullish synchronization, the market is demonstrating through action that meme coins can operate with logic, structure, and strategy.
Currently, SHIB has completed a structural backtest, reinforcing strong derivative bullish signals, and is building a new platform with a 25% upside potential.
Will you wait for it to 'rise before chasing'? Or will you start making data-driven choices now?
Disclaimer:
The above content is for information sharing only and does not constitute any investment advice. The cryptocurrency market is highly volatile, and investments should be made with caution. It is recommended to conduct in-depth analysis using professional tools like Mlion.ai and make rational judgments.
