Shiba Inu Comot Pass Di Important Levels, Dey Eye 100–150% Rally
Shiba Inu (SHIB) don break pass im long-term falling wedge and key resistance at $0.000015, e enter one bullish ascending channel. Trading volume rise 55% reach $575 million, and Relative Strength Index (RSI) dey near 80, wey show strong momentum but overbought condition dey. Analysts CryptoKartha and StonkTrump talk say SHIB fit rally 100–150%, with target $0.000032–$0.000039. SHIB now get local resistance around $0.00001720, if e close above dis level daily e fit open road go psychological $0.00002 mark. On-chain metrics still weak: whale transactions dey same, active addresses near the lowest for months, and token burns no too affect supply. SHIB 30-day correlation with Bitcoin (BTC) na 0.89, meaning say BTC trend go drive SHIB next move. Traders suppose watch volume, RSI for potential pullbacks, and Bitcoin price for wider market signals.
Bullish
The falling wedge breakout pass $0.000015 plus enter inside ascending channel, combined with 55% volume increase and RSI near 80, show say SHIB get strong bullish momentum. Analyst dem predict say SHIB go rally 100–150% go reach $0.000032–$0.000039, this one make di outlook positive. But, di overbought RSI and weak on-chain metrics fit cause short-term pullbacks around key resistances wey be $0.00001720 and $0.00002. For long term, steady capital inflows and Bitcoin trend (correlation = 0.89) go dey important to keep SHIB upward movement.