Shiba Inu prices are poised to burst out of the purchase zone, implying a 220 percent increase.

The price of the Shiba Inu is consolidating above the upper trend line of the bull flag, signaling accumulation.
An explosive advance to $0.000197 will follow a breakout from current sluggish phase.
If SHIB makes a lower bottom below $0.0000328, the bull flag’s bullish argument will be invalidated.
Since hitting a new all-time high on October 28, the Shiba Inu price has been stabilizing. Fortunately for the holders, this coiling-up has produced a continuation pattern, indicating that an exponential move is imminent.

The price of the Shiba Inu is on the verge of breaking out.

The Shiba Inu price has broken out of a bull flag pattern, but it still needs a revival of buyers to kick-start an explosive climb.

SHIB surged 219 percent from October 23 to October 28 to reach a record high of $0.0000885. This is referred to as a flagpole climb. After the surge, the Shiba Inu price consolidated, creating lower highs and higher lows, forming a flag.

By adding the flag pole height to the breakout point at $0.0000622, this technical pattern anticipates a 219 percent upswing to $0.000197. Despite the fact…