<ul data-eligibleForWebStory="true"><li>Analyst Tom Tucker identifies a double bottom formation in Shiba Inu, suggesting a potential 62% price rally despite market weakness due to geopolitical tensions.</li><li>Shiba Inu hit a 16-month price floor of $0.00001004 amid broader market pressure following Bitcoin's drop below $100,000 and escalating Middle East tensions.</li><li>Whale holdings in Shiba Inu have dropped by 80% as open interest falls to $122.97 million, reflecting reduced speculative activity and leveraged trading amid market uncertainty.</li><li>The double bottom pattern on the daily chart indicates a potential price recovery for Shiba Inu if critical support at $0.00001030 holds, with a target of $0.00001752.</li></ul>

Shiba Inu Eyes 62% Rally as Analyst Spots Double Bottom Formation Amid Market Weakness

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