{"id":35034,"date":"2025-07-03T13:16:47","date_gmt":"2025-07-03T13:16:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35034"},"modified":"2025-07-03T13:16:47","modified_gmt":"2025-07-03T13:16:47","slug":"shiba-inu-chalks-out-bullish-inverse-hs-as-bonk-cheers-etf-speculation-1m-holder-milestone","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35034","title":{"rendered":"Shiba Inu Chalks Out Bullish Inverse H&amp;S as BONK Cheers ETF Speculation, 1M Holder Milestone"},"content":{"rendered":"<div>\n<p>Meme token Shiba inu (SHIB) has completed a major bullish reversal pattern as ETF speculation drives BONK higher.<\/p>\n<p>SHIB surged 5.2% in the past 24 hours, climbing from $0.00001136 to $0.00001195 with significant volume spikes, establishing a new support level at a high-volume support level at $0.00001162.<\/p>\n<p>The upswing marked the completion of the inverse head-and-shoulders (H&amp;S) pattern on the hourly chart, confirming a bullish shift in momentum. An inverse H&amp;S, appearing after a notable sell-off, as in SHIB&#8217;s case, comprises three troughs, with the middle one being the lowest and flanked by shallow and equidistant ones on either side.<\/p>\n<p>&#8220;Technical indicators suggest continued bullish momentum as SHIB maintains prices above the newly established support levels,&#8221; CoinDesk&#8217;s AI research said.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/4e8798a0ee3f526e04083705dd120aa2b2e70886-2854x1294.png?auto=format\" alt=\"SHIB's hourly price chart. (TradingView\/CoinDesk)\" title=\"SHIB's hourly price chart. (TradingView\/CoinDesk)\"><\/p>\n<h2>Key AI insights<\/h2>\n<ul>\n<li>SHIB demonstrated remarkable strength during the 24 hours from July 2, 12:00 to July 3, 11:00, climbing from $0.00001136 to $0.00001200, representing a 5.65% gain with a price range of $0.00000081.<\/li>\n<li>The token experienced a significant volume spike at 16:00 on July 2 (1.68B), establishing a high-volume support level at $0.00001162.<\/li>\n<li>The 24-hour volume profile confirms strong buyer interest, particularly during the European trading session.<\/li>\n<li>During the 60 minutes from 3 July 10:09 to 11:08, SHIB experienced notable volatility, initially trading at $0.00001204 before declining to $0.00001199, representing a 0.41% decrease.<\/li>\n<li>A significant volume spike occurred at 10:18 (15.01B), followed by an even larger spike at 11:04 (20.94B), coinciding with a price recovery from the session low of $0.00001195 at 10:50.<\/li>\n<li>The 5-hour period between 05:00 and 10:00 on July 3 saw sustained trading above $0.0000120, forming a new resistance zone.<\/li>\n<\/ul>\n<h2>BONK surges<\/h2>\n<p>BONK, a memecoin built on the Solana blockchain in late 2022, has surged 23% to $0.00001665 in the past 24 hours, becoming the best-performing top 100 cryptocurrency by market value.<\/p>\n<p>According to CoinDesk&#8217;s AI, the rally featured three distinct waves, with the most aggressive buying occurring between 23:00 and 01:00, when volume peaked at nearly 3 trillion units, establishing a high-volume support zone around $0.0000161.<\/p>\n<p>The cryptocurrency also approached a one-million holder milestone. These bullish developments follow reports that Tuttle Capital\u2019s proposed 2x Long BONK ETF has taken a procedural step forward.<\/p>\n<p>Speaking of technical analysis, BONK&#8217;s hourly price chart displays a SHIB-like inverse head-and-shoulders bullish reversal pattern.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/b38f9d2e80ef84f4cc41575644864ae7cc7fdae0-2854x1294.png?auto=format\" alt=\"BONK's hourly price chart. (TradingView\/CoinDesk)\" title=\"BONK's hourly price chart. (TradingView\/CoinDesk)\"><\/p>\n<h2>Key AI insights<\/h2>\n<ul>\n<li>BONK-USD demonstrated remarkable strength over the 24 hours from 2 July 12:00 to 3 July 11:00, surging from $0.0000142 to $0.0000167, representing a 17% gain.<\/li>\n<li>A significant price range of $0.00000345 (24%) was observed, with strong volume-supported resistance at the $0.0000174 level during the 5:00 hour on July 3rd.<\/li>\n<li>During the 60 minutes from July 3, 10:34 to 11:33, BONK-USD experienced significant volatility, declining 1.35% from $0.00001689 to $0.00001667.<\/li>\n<li>A notable sell-off occurred at 10:42 when the price dropped 7.6% amid peak volume of 95.9 billion units.<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Meme token Shiba inu (SHIB) has completed a major bullish reversal pattern as ETF speculation drives BONK higher. SHIB surged 5.2% in the past 24 hours, climbing from $0.00001136 to $0.00001195 with significant volume spikes, establishing a new support level at a high-volume support level at $0.00001162. The upswing marked the completion of the inverse [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35034","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35034"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35034\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}