- Sat Mar 15, 2025 8:55 am
#22389
Shiba Inu Open Interest Surges 8% - Bull Trap or Breakout Imminent?
SHIB open interest has jumped nearly 9% as its price climbs. Over 9 trillion SHIB, worth roughly $118 million, is now locked in open derivatives contracts. Does this signal a renewed confidence in SHIB, or are we looking at a classic bull trap? With analysts predicting a potential 63% breakout based on Bollinger Bands, is now the time to jump in, or are we headed for another dip? What do YOU think the next few days hold for SHIB? Is the recent price recovery sustainable, or will the bears regain control? Let's discuss.
The burn rate is increasing, but is it enough to fuel a true resurgence? Share your price predictions and insights! Could SHIB really hit that 63% breakout? I'm predicting we'll see SHIB at $.00002 by the end of the month. Am I crazy? Let the debate begin!
SHIB open interest has jumped nearly 9% as its price climbs. Over 9 trillion SHIB, worth roughly $118 million, is now locked in open derivatives contracts. Does this signal a renewed confidence in SHIB, or are we looking at a classic bull trap? With analysts predicting a potential 63% breakout based on Bollinger Bands, is now the time to jump in, or are we headed for another dip? What do YOU think the next few days hold for SHIB? Is the recent price recovery sustainable, or will the bears regain control? Let's discuss.
The burn rate is increasing, but is it enough to fuel a true resurgence? Share your price predictions and insights! Could SHIB really hit that 63% breakout? I'm predicting we'll see SHIB at $.00002 by the end of the month. Am I crazy? Let the debate begin!