Shiba Inu Rocket Ignites After Perfect Bounce: Here’s the Next Price Target
SHIB just pulled off the technical rebound traders dream about—and now it's breaking out.
The Setup: Precision Bounce
After a sharp correction, the memecoin didn't just find support—it nailed a perfect bounce off a critical historical level. That's the kind of price action that gets chartists leaning in. It wasn't a hesitant tap; it was a clean, high-volume rejection that signaled a potential trend reversal.
The Breakout: Momentum Shifts
The bounce wasn't the endgame. It was the springboard. SHIB has now sliced through immediate resistance, converting what was once a ceiling into a new floor. This breakout confirms the shift in momentum from bearish consolidation to bullish impulse. Volume is confirming the move, suggesting this isn't just a fleeting pump.
The Target: Mapping the Ascent
With the breakout confirmed, the path higher is being drawn. The next major resistance zone is now in sight. Traders are eyeing this level as the primary target for this leg up—a move that would represent a significant percentage gain from the bounce point. A clean break there could open the door to even more ambitious price discovery.
The Caveat: Meme vs. Machine
Let's be real—this is a memecoin playing by technical rules in a market that often forgets them. The move is textbook, but in crypto, the textbook sometimes gets used as kindling for a hype bonfire. Trade the pattern, but remember the asset class (and maybe set a stop-loss, you glorious degenerate).
Shiba Inu rebounds from 2025 lows, and an analysis insists that a clean downtrend breakout suggests the token has bottomed. Analyst Lyvo shared this analysis in his recent X post, coinciding with a shiba inu resurgence.
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