Shiba Inu (SHIB) has seen a sharp rise amid the ongoing U.S. elections and broader bullish sentiment in the crypto market.An analysis by market watcher Alex Clay suggests a potential bullish reversal for SHIB as it breaks above a key trend level.Clay has set two price targets for SHIB based on Fibonacci retracement levels: $0.00003710 and $0.00005685.Shytoshi Kusama, Shiba Inu's lead developer, proposes a $2.35 billion initiative to establish the U.S.'s first blockchain-focused tech center.