๐ฆ๐๐๐ ๐๐ฟ๐ฒ๐ฎ๐ธ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐น๐ถ๐ป๐ฒ ๐ฒ๐ฌ๐ฌ% ๐ฅ๐ฎ๐น๐น๐ ๐ข๐ป ๐๐ต๐ฒ ๐๐ผ๐ฟ๐ถ๐๐ผ๐ป?
Shiba Inu (SHIB) may be setting up for its biggest move in years. A long-standing trendline has finally been broken and one popular analyst believes this could trigger a 600% rally.
๐ What Just Happened?
SHIB has been stuck under the same downtrend line for months. Every time it tried to break above, the price was rejected until now.
Analyst @JavonTM1 posted a chart showing SHIB breaking above that line and holding strong. This breakout is catching attention because it signals that the bear phase may be ending, and bulls might be ready to take over.
๐ Target Prices (If Momentum Continues)
๐ฏ Short-Term Target: $0.000081 (up +609%)
๐ Extended Target: $0.000155 (nearly +1200%)
These levels are based on historical resistance and previous highs, not just guesses.
๐ Why This Breakout Matters
โ Breakouts from long term resistance often start big moves.
โ It shows that buyers are regaining control.
โ Momentum is shifting after months of sideways action.
Analysts use these chart patterns to spot early signs of major moves. It doesnโt guarantee anything, but it frames a high probability setup for traders.
โ ๏ธ What to Watch Next
๐น If SHIB stays above the broken trendline, confidence grow.
๐น A retest of support near $0.000010 is possible before another leg up.
๐น Watch Bitcoin and Ethereum if they stay strong, SHIB could follow.
But if the breakout fails and falls below, the price may return to the lower range near $0.0000095.
๐ Whale Activity Is Key
On-chain data shows renewed accumulation by whales. When big holders start moving in, it often hints that smart money is positioning for upside.
๐ง Final Take
This isnโt just about hype. Itโs a technically strong setup with potential for serious gains if momentum holds. Traders should watch closely and manage risk, but for now, SHIB might finally be ready to roar again.