📊 Market & Technical Trends

SHIB has seen bullish momentum recently, breaking above a key 26-day EMA (~$0.0000118) with increased trading volume—suggesting a shift in trend .

Analysts also highlight bullish MACD divergence and RSI trends, setting up for potential further gains .

Futures open interest climbed above 7 million SHIB on Binance, indicating heightened market interest as whales sell and traders position for upside .

🔥 Burn Activity

SHIB’s burn rate skyrocketed over 90,000% in 24 hours, burning more than 1 billion tokens—a move that tightens supply long-term .

💡 Analyst & AI Forecasts

A bullish analysis forecasts up to 180% upside from current levels (~$0.0000119) .

Google’s Gemini AI predicts a ~10% increase to $0.00003 by July 31, 2025 .