🐕 SHIBA INU (SHIB): Bullish Pattern Fuels Breakout Confidence
SHIB holders remain confident as price action enters the final phase of a 3-month bullish head-and-shoulders pattern, hinting at a major upside move.
SHIB is forming its right shoulder, while simultaneously approaching a breakout from a year-long falling wedge. If confirmed, momentum could accelerate sharply toward key psychological levels.
🔑 Key Facts
📐 Bullish head-and-shoulders pattern nearing completion after 3 months
📉 Falling wedge breakout targets the $0.00001 psychological level
📊 MACD turning bullish, signaling an early uptrend
📈 RSI holds higher lows, suggesting hidden strength despite staying below 50
Technical Insight
If the pattern confirms, SHIB could see a 335% breakout toward $0.000033.
In a stronger macro bull-market environment, upside may extend up to 500%, retesting prior all-time highs near $0.000042.
#CryptoAnalysis #BullishPattern #TechnicalAnalysis #cryptotrading #CryptoNews $SHIB