Shiba Inu Booms: Could a 503% Moonshot Be Brewing? Analysis Reveals Inverse Head & Shoulders Pattern

Shiba Inu (SHIB) is poised for a potential surge, according to crypto analyst Javon Marks. His analysis highlights a major inverse head-and-shoulders pattern on SHIB’s chart that he believes could send the token soaring by over 503%, potentially to $0.000081 if confirmed. 503% upside is a significant price leap, and Marks emphasizes this pattern indicates potential for a major rally after forming since 2022. This isn’t Marks’ first mention of this level. Since February 2025, he has consistently pointed to $0.000081 as a key resistance level. However, SHIB’s path to that level hasn’t been smooth. The token has experienced a considerable decline (over 50% year-to-date) despite overall bullish sentiment in the crypto space, according to CoinMarketCap data. The inverse head and shoulders pattern spans from mid-2022 to 2025. Marks highlights the left shoulder formation after a steep drop in 2022, the “head” appearing with new lows around mid-2023, and the right shoulder forming recently in early 2025. He believes a decisive breakout above the neckline would solidify the pattern and potentially trigger a significant parabolic rally. Adding to the bullish outlook is increased on-chain activity, as SHIB’s active addresses, new addresses, and zero-balance addresses all show positive growth according to IntoTheBlock data. Meanwhile, whale activity adds another layer of intrigue. On June 3 alone, over 1.07 trillion SHIB was moved out of large wallets. This massive outflow signals a possible strategic accumulation by whales, or an upcoming sell-off. Developer Shytoshi Kusama’s recent cryptic teaser about integrating AI into the Shiba ecosystem has further fueled the excitement and sparked price surges, with SHIB rising approximately 8% in a short period. However, despite this momentum, SHIB still struggles to break through resistance at $0.00001720. The token was trading at around $0.00001208 as of press time, reflecting a decline of 5.39% in the past 24 hours.