Shiba Inu Breaks Accumulation Zone, Analyst Predicts 200% Rally

Analyst Javon Marks suggests that Shiba Inu may be moving into a bullish phase, having exited a prolonged accumulation zone. Key points include:

Shiba Inu showed a breakout in March 2024, reaching $0.000046, but later dropped to $0.00003328 by December 8, 2024.
Marks identifies early bullish signals such as MACD divergences, predicting a potential rally of 200% from the current price of $0.00001009 to $0.000032.
A move to $0.000080 would represent roughly a 700% increase.

Derivatives Activity

Open interest in Shiba Inu contracts reached $76 million, with a 15% increase over the weekend.
Gate.io accounts for 47% of the open interest, approximately $36 million.
On days of increased betting, SHIB hit a high of $0.00001032.

The token's volatility is highlighted by its sharp fluctuations, including a drop to $0.0000075 during a flash crash on October 10, 2025, followed by a recovery to $0.00001003.

Market Signals

Breaking past $0.000032 could attract more buyers, making it a key resistance level.
Investors should watch for leverage and sentiment-driven moves, which can lead to rapid gains or losses.

Overall, while technical indicators suggest momentum, this situation is primarily driven by traders rather than reflecting long-term value. Key figures include prices at $0.000045, $0.00003329, $0.000032, $0.00001003, $0.0000075, $76 million in open interest, a 15% jump, and 7.38 trillion tokens in futures exposure.