š Market & Technical Trends
SHIB has seen bullish momentum recently, breaking above a key 26-day EMA (~$0.0000118) with increased trading volumeāsuggesting a shift in trend .
Analysts also highlight bullish MACD divergence and RSI trends, setting up for potential further gains .
Futures open interest climbed above 7āÆmillion SHIB on Binance, indicating heightened market interest as whales sell and traders position for upside .
š„ Burn Activity
SHIBās burn rate skyrocketed over 90,000% in 24 hours, burning more than 1āÆbillion tokensāa move that tightens supply long-term .
š” Analyst & AI Forecasts
A bullish analysis forecasts up to 180% upside from current levels (~$0.0000119) .
Googleās Gemini AI predicts a ~10% increase to $0.00003 by July 31, 2025 .