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 0 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 1 the time of this writing, SHIB was trading at $0.00001231, according to CoinGecko 2 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 3 resilience is preventing deeper losses and reinforcing a bullish technical outlook in the near 4 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.”
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