WILL SHIBA INU REBOUND TO HIT $0.00001450?
Shiba Inu (SHIB) is currently trading around $0.00001275, with a potential rebound to $0.00001450 in sight. Here's what's driving the price :
Support Level: SHIB is holding near the support level of $0.00001274. If it maintains this support, a short-term reversal could be possible.
Resistance Level: A breakout above $0.00001360 resistance could signal a bullish trend, targeting $0.00001450 in the near term.
Double-Bottom Formation: The chart hints at a potential double-bottom formation near the $0.000012 region, which could validate a bullish breakout.
Auto-Burn Mechanism: The recent introduction of an auto-burn mechanism aims to streamline token utility and strengthen DeFi offerings, potentially boosting the price.
Wallet Addresses: SHIB wallet addresses have surged to an all-time high, indicating growing retail interest and investor trust.
Expert Predictions:
-Short-Term Target: $0.00001450 is a potential target if SHIB breaks out above $0.00001360 resistance.
-Long-Term Targets: Some analysts predict SHIB could reach $0.0001 to $0.0003 by the end of 2025, with potential all-time highs ranging from $0.000115 to $0.000125.#BinanceHODLerHOME $SHIB #TrumpTariffs #MarketRebound #SHİB