🚀 SHIB’s Late-July Target: $0.000018....
$SHIB has surged ~20% this month, outpacing Bitcoin, thanks to a spike in token burns and renewed interest in its ecosystem. It’s now approaching a key resistance near $0.0000176, and if it breaks above, $SHIB could touch $0.000018 by July 31.
🔑 Key Factors
Burn Rate Boom: Over 2,000% increase in token burns is cutting supply.Technical Breakout: SHIB is testing a long-term triangle top; breakout zone is $0.0000176–$0.0000177.Market Support: Bitcoin strength and a high crypto “Greed” index are helping SHIB.
⚠️ Risks
Heavy resistance around $0.0000176If Bitcoin stalls or burn rates drop, SHIB could stay under $0.000016
✅ Outlook
Reaching $0.000018 is possible if SHIB breaks key resistance and the broader crypto market stays bullish. Otherwise, price likely stays between $0.000015–$0.000016.
