🚀 Shiba Inu (SHIB) Price Eyes 62% Rally — Capitulation or Comeback?

📊 As of June 17, Shiba Inu ($SHIB ) is trading at $0.0000119, down 18% over the past month. But technical analysts are watching closely — a symmetrical triangle pattern on the 1D chart could signal a bullish breakout with a potential 62% upside.

🚨 Adding intrigue to the mix: 211 million SHIB were recently sold at a loss, possibly marking a short-term capitulation event — often a precursor to sharp reversals.

📉 Weak hands exiting?

📈 Or the calm before a memecoin moon mission?

🔍 With $156M in daily trading volume, $SHIB remains one of the most watched altcoins in the retail and institutional space alike.

#ShibaInu #CryptoMarket #Altcoins #Blockchain #Memecoins

https://coingape.com/markets/can-shiba-inu-price-rally-62-as-211m-shib-sell-off-signals-capitulation/