Saad Ullah
Shiba Inu (SHIB) just broke through a falling wedge pattern, hitting $0.00001200 with a 1.80% gain. The breakout has traders buzzing about potential upside.
What's really turning heads is the whale activity – transactions spiked 870% in 24 hours while $3.4 million in SHIB left exchanges. When big money starts accumulating, it usually signals bullish expectations.
SHIB Price Eyes $0.000016 Target After Technical Breakout
The technical setup looks solid. SHIB escaped that descending wedge that had been squeezing price action for weeks. Now traders are watching the $0.00001250-0.00001300 zone as the next resistance.
Analysts are eyeing a potential 30% rally toward $0.000016 if momentum continues building.
Whale Accumulation and Shibarium Hype Boost SHIB Sentiment
The whale moves aren't random – there's growing excitement around a Shibarium upgrade, plus trading volume jumped 40%. With tokens moving off exchanges into cold storage, supply could get tighter and amplify any upward moves.
Short Description: SHIB price at $0.00001242 after bullish wedge breakout. Whale activity +870%, $3.4M outflows signal growing investor interest.
Saad Ullah
