One analyst predicts a further 30% or more plunge for Shiba Inu (SHIB) due to the loss of a key support level.
On the other hand, another market strategist suggests that SHIB's price movements indicate a potential 400+% surge, following an Inverse Head and Shoulders pattern.
The bearish scenario warns of potential declines to $0.000011 or even $0.000008, representing 30% and 50% price drops, respectively.
In contrast, the bullish analysis points to a target price of $0.000081, which would result in a 420% rally for SHIB.