Shiba Inu Coin double bottom pattern is about to reverse? 50% increase may be imminent!

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Shiba Inu (SHIB) is currently forming a classic double bottom pattern, suggesting a possible reversal. The price stabilized around $0.00002177. After a period of decline, SHIB is testing the key support level of the 100-day EMA. If it fails, the price may fall further to the 200-day EMA of $0.00002054.

However, if SHIB breaks through important resistances such as $0.00002350 and $0.00002585, it may trigger a rebound, with an increase of up to 50% to around $0.00003500. However, the current trading volume is low and buying is insufficient, so whether it can successfully break through still needs attention.

Investors should closely monitor the changes in trading volume, especially the breakthrough of $0.00002350. If the price falls below $0.00002105, it may mean that the upward expectation fails and the trend weakens. Although the potential is huge, it is still crucial to invest cautiously.

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