Shiba Inu (SHIB) is back in the spotlight as crypto analyst Floratap points to an unusual divergence pattern that could trigger a massive rally, potentially fueling a 5X price surge and one of SHIB’s biggest comebacks yet. The analyst stated, “Shiba Inu above $0.000017 could fuel a run toward $0.0000263, with a bullish target of $0.000081, representing a 500% increase. Presently, optimism is being fueled by a divergence between SHIB’s flat price action and strengthening momentum signals. Furthermore, the relative strength index (RSI) and volume trends indicate quiet accumulation, a sign that has historically preceded sharp crypto breakouts. Nevertheless, Shiba Inu’s 5X surge to $0.000081 hinges on massive capital inflows and a sustained bullish wave across the broader crypto market, with the 2nd-largest meme coin recently having witnessed a remarkable 48,247% burn rate. At the time of this writing, SHIB was trading at $0.00001231, according to CoinGecko data. Shiba Inu Bulls Eye Key Breakout Zone as Support Holds Firm Market analyst Lingrid notes that SHIB is holding firmly above its key support, showing strong buyer defense. This resilience is preventing deeper losses and reinforcing a bullish technical outlook in the near term. She added, “Price action suggests bulls are preparing to push higher as long as support holds. A breakout above the resistance zone could target the 0.00001350–0.00001400 area.” Source: Lingrid Therefore, Lingrid’s analysis shows Shiba Inu shifting from correction to accumulation, with the falling channel breakout signaling strength and current consolidation laying the groundwork for a potential rally. With multiple bullish factors aligning, SHIB’s short-term trajectory now hinges on whether momentum can translate into a decisive breakout.
