Analyst Forecasts Shiba Inu (SHIB) 130% Surge

Key Points

1. Shiba Inu (SHIB) has declined by approximately 69% from its December 2024 high of $0.0000334 to $0.00001004 by June 2025, but has recently shown a recovery with a 14.51% weekly gain.

2. Analyst GehavianGoals identifies key support levels, noting SHIB has consistently rejected lower prices at the $0.000011 zone in 2024 and 2025, suggesting potential for upward movement.

3. The analyst sets a price target of $0.00003352 for SHIB, representing a 130% surge from current levels, with potential entry points at $0.00001092 and $0.0000188.

4. Historically, SHIB has surged significantly from the $0.000011 support level, such as in early 2024 when it reached $0.00004567 before facing a correction.

5. The SHIB community supports the view that the token could reclaim the $0.000035 price region, though the analysis is not financial advice and investors are urged to conduct their own research.