Shiba Inu (SHIB) could rally 52% despite a whale sell-off, thanks to a bullish double-bottom pattern forming on the chart. $SHIB is currently trading at $0.00001175, up 15% from this week’s low. Technical indicators like MACD and RSI show bullish momentum, with a price target of $0.00001765 if the breakout confirms.
Whales have been reducing their holdings, but this may be outweighed by strong technicals and broader market optimism, especially if $BTC continues its upward trend. As long as SHIB stays above $0.00001025, the bullish setup remains valid.
