đš Shiba Inu's Symmetrical Triangle Could Signal a Massive 200% Rally â Hereâs Why! đš
Shiba Inu's price is showing signs of a major breakout. The reappearance of the symmetrical triangle pattern on the charts could push SHIB into an explosive upward trend. Letâs break down what this means for Shiba Inu and why a 200% rally might be on the horizon.
Key Analysis Points:
đ Symmetrical Triangle Pattern: Historically signals a breakout when SHIB price nears completion of the pattern. A similar setup in wave 3 could push the price over 200%!
đ Current Price: SHIB is trading at $0.0000143. Key resistances at $0.0000164 and $0.0000226.
đ 244% Target: If SHIB breaks out, the next target is $0.0000493, which could lead to a 244% surge from current levels.
Fibonacci Retracement Levels:
0.382 Level: Critical resistance at $0.0000164.
0.618 & 0.702 Levels: Additional resistances at $0.0000312 and $0.0000392.
1.0 Fibonacci: All-time high potential at $0.0000884, marking a 518% rally!
Support Zones: If SHIB fails to break resistance, strong support is expected at $0.000011 and $0.00004936.
Market Sentiment:
đ Recent Gains: Shiba Inu saw a 95.65% surge since 2024, supported by increasing momentum.
â ïž Short-Term Decline: SHIB is currently down 1.52% in the last 24 hours, a potential dip before a big move.
đŹ Do you think SHIB will break through these key levels? Share your thoughts and predictions! Don't forget to like, share, and tip if you found this analysis helpful!
