- $SHIB shows a confirmed bullish divergence from earlier this year
- Price could rise over 156% to hit $0.000032
- Rally may signal the start of a bigger market reversal
Shiba Inu ($SHIB), one of the most talked-about meme coins, is currently flashing a technical signal that could be setting the stage for a powerful rally. Earlier this year, analysts confirmed a bullish divergence — a chart pattern where price action moves lower while momentum indicators move higher. This often suggests that bearish pressure is weakening and a trend reversal could be on the horizon.
For $SHIB, this divergence could lead to a surge of over 156%, pushing prices toward the $0.000032 level. While this might seem ambitious, the historical behavior of Shiba Inu shows that such explosive moves aren’t out of character.
What Does a 156% Climb Look Like?
If $SHIB hits $0.000032, it would mark a significant milestone for the token. This level hasn’t been seen since the 2021 bull run, and reclaiming it would represent a key psychological breakthrough for traders. The current setup suggests not just a short-term bounce, but possibly the beginning of a larger reversal.
Increased investor interest, growing ecosystem development, and an active Shibarium layer-2 network could further fuel bullish sentiment. As retail traders and whales alike look to capitalize on this divergence, momentum could pick up quickly.
Caution and Opportunity in Equal Measure
While technical indicators are promising, crypto markets remain highly volatile. Investors should watch key support levels and trade responsibly. However, if this divergence plays out as expected, $SHIB may be preparing to enter a strong uptrend — with this rally being just the beginning.
Read Also :
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- Shiba Inu ($SHIB) Eyes 156% Surge Amid Bullish Divergence
- ETH Price Fakeout? Signs Point to a Recovery
