$SHIBUSDT PRICE LATEST UPDATE 🥇🥇🥇❤️✌️😎

$SHIB

Here’s the current SHIB price and intraday movement:

📈 Is a SHIB Pump Coming Soon?

1. Technical signals point to bullish setups

Analysts have spotted bullish divergence on the 2-day MACD for SHIB, indicating a possible sharp rally—some forecasts even suggest a potential 180% upside, targeting $0.000032 . Others note a classic “double-bottom” reversal pattern, with support around $0.00001035 and a neckline ~$0.00001755, which, if broken, could trigger a breakout .

2. On‑chain metrics look favorable

Exchange reserves of SHIB are falling, suggesting fewer sellers and more accumulation . Meanwhile, futures open interest is climbing (~$59M), which often precedes price rallies in crypto .

3. Recent analyst commentary echoes optimism

A recent report hinted at a “massive pump” potential if key levels hold, projecting a ~200% surge next week from ~$0.000012 .

⚠️ Caveats & Risks

• SHIB remains below key moving averages, signaling bearish momentum unless it reclaims the 20‑EMA (≈ $0.00001174) .

• The broader crypto market, especially Bitcoin’s performance, plays a big role—some are anticipating Fed rate cuts in September that could drive a general crypto resurgence .

🧭 Summary Snapshot

Factor View

Technicals Bullish divergence + double-bottom form — potential breakout zone $0.0000175–$0.000032

On‑chain/Futures Falling supply on exchanges, rising futures interest = accumulation

Macro Could get tailwinds from broader market bounce (e.g., Bitcoin)

Risks Still under bearish EMA; needs confirmation above key resistance

✅ Bottom Line

There’s growing technical and on-chain evidence that SHIB may be poised for a bounce—some analyses project 100–200% upside if current levels hold and key breakouts occur. But keep in mind:

• It’s not a guarantee—breakout levels (e.g., ~$0.0000175) must be convincingly breached.

• SHIB is highly volatile; caution is advised, and never invest more than you’re prepared to lose.

Let me know if you’d like help setting entry/exit levels, analyzing related cryptos, or watching key indicators!