#ShibaInu2024 #SHIBARMY #shibaInu

Being the second largest meme coin per market cap, SHIB price is flashing positive signs on the weekly chart.

Inhibiting the continuation of the Lower high formation, Shiba Inu projects a potential trend breakout for a bullish reversal.

With the breakout of the cup and handle pattern, SHIB price challenged the psychological neckline at $0.000010.

Nearing the upper line of the Bollinger bands, a 10% surge in the last ten days signals a seismic shift in fundamental sentiment.

Given that buyers maintain momentum, SUIB price may start a new move above $0.000010.

Further, bounce back from 50-week EMA adds key points to the bullish side.

Optimistically, a Shiba Inu price surge could reach $0.000015 in the coming weeks and trigger the formation of new highs.