<ul><li>SHIB's TD Sequential Indicator flashes a buy signal on the weekly chart, suggesting a possible rebound.</li><li>The Shiba Inu burn rate has exploded by almost 400% in the last 24 hours, resulting in almost 16.5 million tokens sent to a null address, potentially increasing the value of SHIB through scarcity.</li><li>SHIB's exchange netflow has been mostly negative in the last 30 days, indicating a shift from centralized trading venues toward private wallets, reducing immediate selling pressure.</li><li>An analyst predicts a potential 2,800% price increase for SHIB, with three sequential targets: $0.000085171, $0.000183312, and $0.000472905, assuming a decrease in BTC's dominance.</li></ul>

Shiba Inu (SHIB) Rally Incoming? 3 Reasons Behind the Bullish Outlook

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