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Shiba Inu (SHIB) is showing signs of a potential breakout as analysts predict a 100% price surge if key resistance levels are breached. A massive token burn and renewed whale interest add to the bullish momentum, but mixed technical signals keep traders cautious.
- SHIB faces a major resistance at $0.000018, a sell wall of 540 trillion tokens held across 152,700 wallets.
- A record 280 million SHIB tokens were burned in one day, slashing supply by 38,299% and fueling scarcity-driven price hopes.
- Whale activity and a positive CMF indicator suggest accumulation, but mixed technical signals (low Stochastic RSI) temper bullish expectations.
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