Technical analysis by GKTrademanthan about Symbol SHIB: Buy recommendation (5/31/2025)

istorical Pattern Repetition (2024 & 2025):The chart suggests that SHIB is following a repeated pattern cycle:Stage 1 – Falling Wedge (Completed)Stage 2 – Cup and Handle (Completed)Stage 3 – W Pattern (Recently Completed)Stage 4 – Inverted Head and Shoulders (Pending Formation)Key Highlights:✅ Buying Zone Identified between 0.00001167 – 0.00001271 USD.🎯 New Target: 0.00002431 USD, representing a potential 90% return from the buying zone.⚠️ Breakout Awaited: Stage 4 pattern (Inverted Head and Shoulders) is pending confirmation, which could trigger a major upward move.🔄 Emphasis on pattern repetition to project future price action.Conclusion:The chart analysis suggests that SHIBA INU is mirroring its previous bullish cycle. With three bullish stages already complete and the fourth (inverted head and shoulders) pending, a breakout could lead to a significant price rally targeting 0.00002431 USD.