Crypto
Shiba Inu could rise 220 percent if it breaks bearish channel
A technical analysis says Shiba Inu may be setting up for a major price move near the end of a long downtrend. TradingView analyst MMBTrader pointed to signs of weakening bearish momentum and said the token has broken out of a smaller falling wedge and is holding above it. He outlined potential upside toward 0.00002049, about 220 percent above current levels, while noting interim supply zones. On-chain data show cautious sentiment, with open interest and volume down and net exchange inflows turning positive.
