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Shiba Inu (SHIB) is consolidating near $0.00001321 after a 5% July rally. Technical indicators suggest a potential bullish reversal, while whale activity hints at smart money accumulation. Here’s what traders should watch.
- Bullish breakout from Channel Down pattern with upside targets at $0.000014–$0.000015 (200 SMA).
- Whale accumulation signals institutional interest, with SHIB leading low-cap altcoin inflows.
- Inverse head-and-shoulders pattern forming; breakout above $0.00001330 could trigger a rally.
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