Shiba Inu (SHIB) On Verge of 20% Jump: Here's Main Scenario

Key Points

1. SHIB closed a weekly candle at $0.00001334, positioning above a key support level around $0.00001554 on the weekly timeframe.

2. Last week's nearly 13% gain came from a bounce off the lower part of the range, followed by a close above the 20-week moving average for the first time in two months.

3. A 20% price increase would bring SHIB to around $0.00001550, near its April key level, with the bullish scenario requiring continuation and volume support.

4. The current setup suggests SHIB may be preparing for its cleanest technical run in months.