March 20, 2024

The next ideal entry point for the next pump?

Shiba Inu is definitely poised to go higher this year. Currently, we need to catch the surge and ride the next wave upwards. The 0.618 FIB retracement seems like a great level to buy Shiba Inu, which is at 0.00002249. It’s always important to conduct Elliott Wave technical analysis to see the full picture and map out the uptrend. I suggest either waiting for a bull flag or any bullish pattern to emerge or setting limit orders to buy SHIB at lower levels! I’m very bullish on this token and the next profit target is %300 away!


SHIB is a decentralized, community-driven currency held by millions worldwide. Since its emergence in late 2020, the Ethereum-based SHIB token has become a global phenomenon and is now accepted as a form of payment directly or through third-party intermediaries in hundreds of places.

The Shiba Inu token was created anonymously under the alias “Ryoshi” in August 2020. Ryoshi, about himself, says he is nobody and insignificant, and revealing his identity would be disappointing even if successful.

This meme token quickly gained momentum and value with the endearing charm of the investor community, combined with headlines and tweets from personalities like Elon Musk and Vitalik Buterin.

Since its release, SHIB now trades on ShibaSwap, the ecosystem’s original DEX.

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