Shiba Inu Reclaims $0.00001 for First Time in 56 Days as Traders Eye 270%–430% Breakout Targets

During Monday's session, Shiba Inu briefly moved back above $0.00001 for the first time in 56 days before slipping to around $0.0000087. The bounce, driven by short-term speculation, coincided with a bullish flip in the 50-day SMA, while analysts now monitor a possible breakout from a 21-month falling wedge that could imply upside scenarios of roughly 270% to 430%.