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Shiba Inu Price Prediction: SHIB Coin Preparing for a 60% Breakout

  • Shiba Inu (SHIB) is preparing for a potential bullish breakout, currently trading around $0.00001447 as of May 29, 2025.
  • SHIB coin is forming a strong structure with higher lows, a flattening RSI, and support from the 50-day moving average, indicating building strength.
  • Key resistance for SHIB is at $0.00001500, with support levels at $0.00001377 and $0.00001200. The next major target is projected to be around $0.00002311, representing a potential 60% increase.
  • If SHIB breaks above the $0.00001500 resistance, there is a possibility of rallying to $0.00002311, signaling a breakout in the near future.

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