Shiba Inu Showing Major Bullish Signs – Could a 70% Rally Be on the Horizon?
They say, "The bigger the whale, the higher the wave." And right now, Shiba Inu (SHIB) might be preparing to ride one.
Recent technical patterns and market activity suggest something big could be brewing:
A clear double bottom has formed, which often signals a potential reversal.
A cup-and-handle pattern seems to be taking shape, which has historically led to strong breakouts.
Whale activity is spiking, with large holders steadily accumulating SHIB – a classic sign of smart money moving in.
Why this could matter:
In past cycles, similar chart setups have led to parabolic moves for SHIB.
When whales start buying, they often anticipate a major price move.
Meme coin interest is growing again, and SHIB tends to be at the front of that trend.
Potential price movement:
If the breakout continues, short-term gains of 30–50% could be on the table.
A full breakout from the cup-and-handle pattern might push SHIB 70% higher or more.
A few things to keep in mind:
Make sure there's strong trading volume behind any breakout – that’s key for confirming the move.
Keep an eye on Bitcoin dominance, as it often influences the entire market’s direction.
Always set stop losses to manage risk – crypto can be unpredictable.
As the saying goes: "Fortune favors the bold, but the wise manage risk."
Are you holding SHIB? Let’s see how far this rocket can fly.