๐น๐โญ๏ธShiba Inu (SHIB) Recovery Gains Momentum! ๐$SHIB ๐โคด๏ธ๐ช
SHIB's robust recovery ignites expectations of a 100% rally in August! ๐คฏ
Key drivers:
- 11% intraday surge and bullish engulfing candle formation ๐
- Token burns skyrocket by 137,000% in daily burn rate ๐ฅ
- Launch of Shibarium's automated token burn mechanism and Web3 Shiba Eternity game ๐ฎ
However, challenges remain:
- Significant resistance at $0.000014 level ๐ซ
- Bearish channel pattern still intact ๐
Investors are optimistic, but it's crucial to:
- Conduct thorough research ๐
- Consider multiple factors before investing ๐ก
Will SHIB reach new heights? Only time will tell! ๐ฐ๏ธ Stay tuned for updates! ๐