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.