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TronWeekly

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Shiba Inu Holds Ground Amid Market Consolidation, Eyes 77.8% Rally in May

  • Shiba Inu breaks out from a descending channel, aligning with historical May rallies with gains of up to 77.8%.
  • Trading volume remains steady, indicating a buildup before potential major price action.
  • If bullish momentum returns, price targets for Shiba Inu could extend to $0.00002460, nearly doubling its current value.
  • Shiba Inu is consolidating with support at $0.00001330 and resistance at $0.00001370, showing potential for a breakout. Historical rally data suggests the token could surge sharply in May, mirroring previous gains of up to 77.8%.

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