**🔥 SHIB Alert: Potential 2x Gains After Massive Burn!**
**📌 Key Points:**
- **SHIB reached $0.00001511 (high in April)**, but is held back by strong resistance.
- **540 Trillion SHIB "Sell Wall"** at $0.000018 → needs a major breakout to continue the rally!
- **280 Million SHIB burned in 1 day** (up 38,299%) → supply drastically reduced! 🚀
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### **📈 Technical Analysis:**
✅ **Potential 2x Gains**: If it breaks through $0.000014, the next target is $0.000018.
⚠️ **Mixed Indicators**:
- **Stochastic RSI very low (11-9)** → SHIB may be undervalued.
- **Volume down** → needs stronger confirmation.
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### **🐋 Whale & Community Support:**
- **40% of SHIB holders are in profit** → could trigger FOMO if the price rises.
- **Massive token burn** (584T SHIB remaining) → reduces supply, increases scarcity.
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### **🚀 Important Levels:**
- **Support**: $0.000012 (must be maintained).
- **Resistance**:
- **$0.000014** (initial breakout).
- **$0.000018** (main target, but facing a large sell wall).
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### **💡 Predictions & Strategies:**
- **If BTC & market are bullish**, SHIB could soar.
- **Breakout traders**: Wait for a close above $0.000014 with high volume.
- **Swing traders**: A rebound from $0.000012 could be an entry point.
