<ul><li>Shiba Inu (SHIB) is showing signs of a potential breakout after a lengthy bearish trend.</li><li>SHIB is currently at around $0.0000122 and has recovered above the 20-day SMA.</li><li>Heikin Ashi candles in the day chart are gradually turning green, indicating upbeat market sentiment.</li><li>Recent on-chain behavior shows a 95% drop in SHIB burn rate, but an increase in derivatives trading volume and whale activity.</li></ul>

SHIB Breakout Watch: Will Shiba Inu Spark the Next Meme Coin Rally?

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