Shiba Inu: Potential for a Major Price Surge Predicted by Experts

Shiba Inu (SHIB) is attracting attention from analysts, who point to potential bullish price movements in May. Historical patterns, key resistance levels, and rising Futures Open Interest are cited as factors driving the outlook. A breakout toward $0.00004 could materialize based on these indicators, according to technical experts. 2021’s explosive rally serves as a precedent for this potential surge. Analysts highlight past bullish candlesticks that signal strong buying activity and compare it to a prolonged period of bearish sentiment in the later half of 2021.