Analyst Reveals Ultimate Shiba Inu Target as Memecoin Pumps From Weekly Support

Shiba Inu rockets off critical weekly support—one analyst just unveiled the ultimate price target that could redefine this memecoin's trajectory.

The Technical Springboard

Weekly charts flashed a clear buy signal as SHIB bounced hard from a defined support zone. That rebound isn't just noise—it's the technical catalyst analysts watch for. The move suggests accumulated buying pressure, setting the stage for the next leg up.

The 'Ultimate Target' Unveiled

While specific figures remain guarded, the analyst's ultimate target hinges on a multi-layered thesis. It factors in breakout patterns, historical volatility cycles, and relative strength against the broader memecoin pack. Forget moonshot guesses—this target builds on measurable momentum from the weekly support hold.

Beyond the Hype Cycle

Sure, another memecoin pumping gets eye-rolls from traditional finance—where 'fundamentals' often mean overpaid consultants and quarterly guesswork. But in crypto's arena, price action *is* the narrative until it isn't. This pump from support adds a layer of technical validation to the usual social media frenzy.

The path forward? It cuts through volatility, bypasses skeptic noise, and rides the wave of confirmed momentum. Whether SHIB hits that ultimate target or not, the bounce from weekly support just wrote a new opening chapter.

Shiba Inu has rebounded from major weekly support, and a recent analysis predicts the meme coin could soar to multi-year price highs. Specifically, analyst MMB Trader shared in his recent TradingView analysis that shiba inu has shown incredible strength from a critical demand zone.

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