Shiba Inu (SHIB) is making a comeback with the emergence of fresh bullish signals on the charts, sparking hopes of a powerful reversal. Analysts are eyeing a potential rally that could see SHIB soar as high as $0.000081, driven by a rare divergence pattern that indicates a shift in momentum.
Javon Marks recently shared an update on X, revealing that Shiba Inu has confirmed a bullish pattern through a regular bullish divergence on the MACD histogram. This technical development suggests that buyers are slowly regaining control of the market structure, paving the way for a potential 163% surge that could push SHIB back into the $0.00003 range. This move would not only signal renewed bullish strength but also mark an important recovery from recent periods of consolidation and price weakness.
Marks also hinted at a larger rally on the horizon, with a potential 570% surge that could drive SHIB towards the $0.000081 target. This ambitious scenario suggests that SHIB is gearing up for a sustained upward move, rather than a short-lived bounce, making it one of the most aggressive rebound moments in the crypto market.
In terms of key technical levels, SHIB faces resistance near $0.000017, with a successful break above this zone potentially leading to further gains towards $0.0000204 and $0.0000263. On the downside, immediate support lies around $0.0000080, with the 100-day moving average providing backup at $0.0000065. A break below this level could see SHIB revisiting the $0.00000534 support area, increasing selling pressure.
Currently, Shiba Inu is in a wait-and-see zone, with a decisive break above resistance likely to spark a bullish continuation, while failure to hold above near-term support could expose the token to further downside. As SHIB prepares for a potential rally, investors are closely watching for signs of sustained bullish momentum that could propel the token to new heights.