The post Shiba Inu Ready to Explode — Demand Zone Sparks $0.000015 Run ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.

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&nbsp Shiba Inu (SHIB) is targeting a potential surge toward the key $0.000015 level, as bullish momentum builds. According to market analyst Lingrid, SHIB bounced decisively from its demand zone, reinforcing key support and reigniting bullish momentum above its short-term base. She added, “If buyers maintain pressure, a push toward the descending resistance line could follow. The setup suggests potential for continuation toward the $0.000015 target.” Source: Lingrid What does this mean? Well, SHIB surged off a key demand zone, signaling strong buying interest and defending critical support. With buyers in control, momentum could push the price toward $0.000015. At the time of this writing, Shiba Inu was trading at $0.00001234. Advertisement

&nbsp SHIB Price Rallies Near $0.000012, Forming Double Bottom Bullish Signal As Shiba Inu rallies near $0.000012, forming a classic double bottom, the popular meme coin is eyeing a potential upward surge. A double bottom signals bullish strength, forming when the price tests a support twice and fails to break lower.  For SHIB, the $0.0000115–$0.000012 zone has repeatedly held, sparking sharp rebounds and hinting that the downtrend may be ending as bullish momentum builds, as called out by market commentator Crypto Wizard. Source: Crypto Wizard Meanwhile, SHIB’s burn rate skyrocketed 48,247% as 85.8 million coins were recently burned, signaling heightened deflationary pressure on the second-largest meme coin. Notably, token burns reduce SHIB’s circulating supply by sending coins to irretrievable addresses, creating deflation, a key metric closely watched by the community.

Source: https://zycrypto.com/shiba-inu-ready-to-explode-demand-zone-sparks-0-000015-run/

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Filed under: News - @ September 3, 2025 12:26 am