🐶 $SHIB price eyes 20% rally as 527T SHIB nears breakeven

📈 SHIB is up 6% this week, bouncing from $0.0000125 to $0.0000133. A bullish double-bottom pattern has formed, with strong support at $0.000012–$0.0000124 and neckline resistance at $0.0000134.

🚀 If SHIB confirms a breakout above this neckline, a rally toward $0.000016 becomes likely — a potential 20% gain. But before that, the meme coin must flip the $0.0000141–$0.0000144 supply zone into support.

📊 The RSI is climbing at 59, and the ADX is sloping up, indicating growing bullish momentum. This supports a breakout scenario as SHIB builds strength after retesting support.

🔍 On-chain data reveals 83% of holders are in loss, with 527T SHIB bought between $0.000014 and $0.000019. This creates sell-side pressure as holders may try to exit breakeven.

📌 For now, the key test is $0.0000134. A close above this level could trigger a move to $0.000016 — but only if SHIB clears heavy resistance from underwater holders.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.