Shiba Inu Price Indicates Reversal Pattern: Time to Load Up On SHIB?

Shiba Inu Price Regains Momentum: Buyers Support SHIB Coin

As of today, the Shiba Inu price is trading higher, but strong momentum is lacking in the network. Despite buyers’ efforts to establish a strong support base, the SHIB coin has established a strong support base between $0.0000126 and $0.0000127 in the past 24 hours. The memecoin’s technical patterns suggest potential for continued upward momentum.

In recent analysis, the SHIB coin has failed to maintain gains above the 100-day Simple Moving Average (SMA) at $0.0000133 and changed hands at $0.0000131. So far, the SHIB coin has shown a 2.9% gain over the past 24 hours. Further, the Shiba Inu price chart shows the downtrend from the May 12 highs is still intact.

Shiba Inu Price Could Soar 503% in Massive Breakout

Shiba Inu price may be on the verge of a breakout that could send it soaring over 500%, according to a memecoin expert. This optimistic forecast for the Shiba Inu price hinges on what’s known in technical trading circles as an ‘Inverse Head and Shoulders’ pattern.

Chart analysts typically view such formations as indicators of a potential trend reversal from bearish to bullish. According to the analyst, the SHIB coin appears to be in the final stages of this pattern. As the Shiba Inu price continues to hold in a huge inverse head & shoulders pattern in their last phases, these prices can soar ahead.

The SHIB coin chart shared by the analyst shows the Shiba Inu price action over an extended period. It delineates the components of the inverse head and shoulders: a first trough (the left shoulder), followed by a deeper trough (the head), and then a third, shallower trough (the right shoulder). A ‘neckline’ is typically drawn connecting the peaks between these troughs.

Source: JavonMarks

Unilabs (SHIB) Pulls Massive Inflows Into Its Ongoing Presale

As Shiba Inu (SHIB) shows signs of a potential reversal, Unilabs Finance (UNIL) is gaining momentum as a powerful contender in the DeFi space, arguably dominating memecoins like SHIB in long-term value and utility.

While SHIB struggles to break above the 100-day SMA and fights for consistent momentum, Unilabs is rewriting the rules with the world’s first AI-backed DeFi asset management platform. With $30M in assets under management and a successful stage 2 presale raising $2 million, Unilabs is not just trending, it’s becoming one itself.

While the SHIB coin is mainly backed by speculative hype, Unilabs offers real-time AI-driven portfolio optimization, risk mitigation, and predictive analytics that cater to retail and institutional investors.

SHIB Coin Holders Seek Shelter In Unilabs Amid Mass Sell-Off

Unilabs (UNIL) integration of machine learning with blockchain infrastructure creates an intelligent ecosystem that adapts to market volatility rather than just reacting to it. As investors grow tired of memecoin meltdown, the smart money is starting to flow into data-driven platforms like Unilabs.

Investor confidence in Unilabs is surging at a phenomenal pace with over 440 million UNIL tokens sold. Analysts are eyeing a potential UNIL token price breakout from current presale levels post-launch, especially as more DeFi users seek institutional-grade tools in a volatile market.

Conclusion:

While the SHIB coin may offer short-term gains for traders riding meme cycles, Unilabs is leading the narrative as a new vision and the tech to become a giant in next-gen DeFi investment. Learn more about Unilabs by visiting its presale, now live!

Discover More About Unilabs:

Presale: https://www.unilabs.finance/

Buy Presale: https://buy.unilabs.finance/

Telegram: https://t.me/s/unilabsofficial

Twitter: https://twitter.com/unilabsofficial