Lucie recently backed a bullish $0.00001200 target for Shiba Inu, after a social media analyst showed a Falling Wedge breakout. This endorsement, shared on social platforms, helped spark renewed investor interest as of this writing.
SHIB KNIGHT posted the technical chart showing the pattern and potential upside. (Ed. note: SHIB remains about 90% below its October 2021 peak.)
The Falling Wedge often signals a bullish reversal when price breaks above its upper trend line. Current resistance levels must be cleared for the token to reach the proposed target.
Lucie also highlighted a recovery program called POU aimed at compensating users hit by a hack that drained about $3 million. The initiative, called “SHIB owes you,” seeks to restore trust through verified claims.
Kaal Dhairya described a dual-layer reimbursement system and framed the plan around on-chain proof. “It’s cryptographic proof that you own a claim, recorded permanently on the Ethereum blockchain”.
He added that accountability will guide recovery actions across the ecosystem. “If we’re going to ask the community to be patient while we rebuild, then everyone who has access to ecosystem resources needs to be held to the same standard”.
Market interest has risen due to technical signs and official messaging, but overcoming major psychological barriers remains necessary. Traders note that volatility and multiple resistance zones will influence whether the rally continues.
