@whisperingsoulz
SHIB is currently trading around $0.00001320 after a recent 6.55% increase. The new forecast indicates a short-term target zone of $0.00001350–$0.00001400. Analysts note that holding the $0.00001318 support is crucial; a break below $0.00001250 could see a return to sideways action.
This recovery coincides with a more positive risk sentiment in the crypto market, fueled by macro factors, suggesting that Shiba Inu may be entering the early stages of a new bull cycle. The SHIB price forecast highlights that accumulation activity and renewed investor confidence could help the Token replicate past rapid rallies.
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