📊 Shiba Inu Price Prediction: 30% Rally Imminent?

🐋 Whale Buys 220 Billion $SHIB
A crypto whale withdrew 220 billion SHIB (worth $4.63M) from Binance after 5 months of dormancy, signaling strong confidence in SHIB’s upside potential. Despite this, the price saw a modest 4% rise, currently trading at $0.000022.

📊 Increased Market Participation
SHIB’s trading volume surged by 53.21% in the past 24 hours, reflecting heightened activity from traders and growing optimism. This increased participation signals a shift in market sentiment toward bullish momentum.

📈 Technical Breakout Detected
SHIB broke out of a descending triangle pattern on the 4-hour chart, indicating a potential bullish reversal. If SHIB closes above the $0.00002250 mark, it could rally by 30%, targeting $0.000029.

💼 RSI Signals Room for Growth
The Relative Strength Index (RSI) stands at 58.9, staying below the overbought zone. This suggests SHIB still has room for further gains without hitting immediate resistance.

📊 Bullish On-Chain Metrics
Data from Coinglass shows open interest increased by 16% in the last 24 hours. The Long/Short Ratio of 1.09 indicates bullish sentiment, with 52.37% of traders holding long positions.

🌟 Market Sentiment Remains Bullish
With whale activity, technical breakouts, and rising trader interest, SHIB seems poised for further gains. Breaking the $0.00002250 resistance could open the path to a 30% surge, marking a strong start to 2025.