Shiba Inu (SHIB) closed 2024 on a positive note, consolidating above a key breakout level. Analyst Javon Marks believes SHIB is showing signs of upward momentum and predicts a significant rally in the coming months. SHIB recently broke out of a long-term resistance trendline and Marks sees the retest of the breakout level as a bullish signal. Marks has a price target of $0.000081, representing a potential 264% gain, and believes SHIB could reach $0.000155 in this bull cycle. The presence of hidden bullish divergence on SHIB's chart adds to the bullish narrative. Traders are eyeing the $0.000081 target in the short term as SHIB holds above its breakout zone.



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