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Shiba Inu (SHIB) Rally Ahead? Bollinger Bands Tease Big Squeeze Coming
The recent community support for the burn mechanism has seen over 14 million SHIB sent to dead wallets, a crucial step in stabilizing prices by reducing circulating supply. This move could be a precursor to a potential rally in the Shiba Inu market.
Meanwhile, Bollinger Band analysis suggests that a significant price movement may be on the horizon. The indicator’s recent divergence has hinted at a potential big squeeze, which could propel SHIB’s value upwards.
Source: https://u.today/shiba-inu-shib-rally-ahead-bollinger-bands-tease-big-squeeze-coming
