Shiba Inu (SHIB) Poised for 200% Surge: Bitcoin’s Downward Trend Concerns Emerge

Recent technical analysis indicates that Shiba Inu (SHIB) is poised for significant growth, potentially exceeding a 200% surge from current levels. Chart patterns point to a strong breakout potential, despite recent consolidation. While SHIB has shown resistance around $0.0000140-$0.0000150, its support at $0.0000120 remains firm, suggesting an accumulation phase and a potential upward momentum.