Shiba Inu (SHIB) is struggling to recover and cannot regain recent losses, remaining significantly below previous highs

Despite the current stagnation of Shiba Inu, some analysts believe that 2025 may bring significant price growth and allow SHIB to approach a new all-time high (ATH).

Shiba Inu whales are optimistic

Shiba Inu whales seem to be taking advantage of short-term bullish prospects. Addresses holding at least 0.1% of the total SHIB supply purchased 2.79 trillion tokens worth over $60 million in 24 hours. This significant accumulation shows renewed interest from major holders in anticipation of price growth.

This is not an isolated case. Similar large purchases have been observed throughout the month. These actions indicate that key players are preparing for a future breakout, strengthening #SHIB's position in the market. Whale activity often signals confidence in the asset's potential.

Meanwhile, the Average Directional Index (ADX) indicator is currently at a key level of 25.0. This indicates a weakening of the current bearish trend. A drop below this level would signal the end of bearish pressure, creating conditions for SHIB's recovery.

The weakening of bearish momentum along with whale activity hints at improving investor sentiment. If the ADX falls further, it could push the price upwards. However, for this meme coin to gain traction, it needs support from retail and institutional investors.

SHIB Forecast: Bullish breakout possible

The price of Shiba Inu remains below the resistance of $0.00002341, preventing it from recovering losses and advancing towards $0.00003306. This level continues to hold back growth, delaying the possibility of significant recovery in the near future.

However, bullish factors suggest that SHIB may break through resistance around $0.00002606. Whale activity and bullish sentiment in the Shiba Inu market may help the price overcome these barriers.

The short-term target for the meme coin is to recover losses and surpass $0.00003306. This level is 50% above the current price. This will only be possible if $0.00002976 becomes a support level in the coming weeks.If the resistance at $0.00002341 cannot be overcome, SHIB will remain consolidated above $0.00002093. If the price falls below this level, the bullish scenario will be canceled. This highlights the importance of key support and resistance levels for price recovery.#shiba⚡ #BinanceSquareTalks #SHIB $SHIB