Technical analysis by BullishEffect about Symbol SHIB: Buy recommendation (7/11/2025)

Basic view Shiba Inu Doge is the largest alternative to Token. Although the total supply in Shiba was initially 1 quadrillion, it has fallen to 589 trillion with regular burns. This shows us that it is a disinfressive token. Shiba has provided great advantages to users with the Layer 2 -supported Shibarium network built on Ethereum. These advantages: -The level Gas fee reduced the costs of gas in ETH. -Layer 2 solutions are done faster with more processing capacity per second. -The supply is reduced with the burning of the residual SHIB. In March and December, SHIBA realized two strong rally in March and December and offered a serious return to its investors. After this rally, snow realization and "distribution" took place and offered opportunities for "accumulation". When we come to 2025, we look at the last 9 weeks (today date 11 July 2025) 6 weeks of succession sales. After 6 weeks of serial sales, the week of June 23 followed a travel and gave positive signals for July. In the first week of July, after the uncertainty of direction, the political conjuncture in the world became more prominent and there was money entry into the markets. This has led us to identify the last week with "high -buying course". Technical view -SHIB/USDT is at the price of 0.00001350. -2025 lowest price: 0.00001004 (week of June 16) -2025 Higher Price: 0.00002497 (13 January Week) The FIB channel we have shot between March 2024 - June 2025 is a well -worked model. For Shib for a 504 -day maturity, re -testing the area is within possible scenarios (0.000021 - 0.000032) Responsibility Rejection: This content does not have the quality of investment advice. It is only for general information and analysis purposes. It is recommended that you take your investment decisions according to your own research and risk assessments.