๐จ If Youโre Holding $SHIB โ Read This Before the Next Price Move! ๐ถ๐๐
Shiba Inu ($SHIB) is sitting on the edge of a major breakout โ or breakdown. As of June 12, 2025, SHIB is trading around $0.00001274 (1H) and $0.00001281 (1D) โ and the charts are flashing critical signals. โ ๏ธ
Letโs break it down ๐
๐ #SHIB Price Outlook: Reversal Ahead or More Pain?
๐ฅ SHIB just bounced off a low of $0.00001260, forming what could be a bullish double-bottom โ right above key support.
๐ Itโs now testing the 20-hour SMA (~$0.00001285). A close above this level = early signs of bullish momentum returning!
๐ฏ๏ธ Heikin Ashi candles show shrinking red bars โ bears are losing grip.
๐ช If bulls break through $0.00001291 (50-hour SMA), next stop:
โ $0.00001309 โ $0.00001331 zone
โ 2% gain target: $0.00001300
โ 5% breakout target: $0.00001338
๐ฎ SHIBโs Critical Moment
๐ Bearish scenario? Price dips below $0.00001260 โ expect stronger downside.
๐ Bullish scenario? Reclaim the 50-day SMA โ confidence restored, momentum resumes.
โณ SHIB is consolidating above long-term supportโฆ and that usually means a BIG move is coming.
๐ฏ Will it fly or fall? Keep eyes on the volume and those key SMA levels!
Follow me ๐ ๐ ๐
๐ Whatโs your SHIB game plan? HODL or fold?