WILL SHIBA RECOVER OR CONTINUE TO FALL?
📈 Bullish signals and potential rebounds
• Analysts mention that the token burns in Shibarium and increases in daily trading could support a gradual recovery, as long as it maintains levels above $0.00001525 .
• An “inverse head & shoulders” technical pattern has formed which, if confirmed, could trigger a significant rise towards $0.000020 or more .
• Bullish divergence signals in the RSI indicators also suggest potential of +30 % or even +105 % if momentum triggers.
🔍 Conclusion
The outlook is mixed. In the short term, there is a risk of continuing to fall if bearish indicators persist. However, if SHIB manages to maintain its support and confirms some technical signals (such as breaking resistance and holding support), it could initiate a solid rebound.
