🚀🐕💎 SHIBA INU WHALES SCOOP UP 1.63 TRILLION SHIB AFTER 10% DIP! CAN A 230% RALLY BE NEXT? 📈🔥
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SHIB on the Move! Shiba Inu (SHIB) faced a sharp 10% correction, dropping to $0.000021, rattling investors and breaking key support levels. The dip came as Bitcoin slid below $96K, intensifying market-wide bearish sentiment.
But amidst the chaos, Shiba Inu whales saw a golden opportunity, snapping up a massive 1.63 trillion SHIB tokens (~$39 million) in a single transaction, flagged by Whale Alert. The transfer from Crypto.com to a private wallet has sparked speculation of a whale-driven rally ahead.
🔥 Why Analysts Are Bullish:
🔑 Technical Setup: The cup and handle pattern emerging on SHIB’s chart signals a potential bullish breakout!
🎯 Key Levels:
• Buy Zone: $0.0000161 - $0.0000193
• Target 1: $0.00003287 (+103%)
• Target 2: $0.00005339 (+230%)
Currently trading at $0.00002157, SHIB hovers near its buy zone, hinting that a breakout could be imminent.
💎 Market Sentiment:
✅ Whale Confidence: Strategic accumulation during bearish times shows faith in SHIB’s long-term value.
🌐 Correlation with Bitcoin: Bitcoin’s recovery will likely boost SHIB’s momentum.
📊 The Road Ahead
If the cup and handle pattern holds, Shiba Inu could deliver massive gains in 2025. But with crypto’s inherent volatility, investors should stay cautiously optimistic.
💬 What’s your take? Will SHIB roar back with a 230% rally? Let us know below! 👇
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