Despite these challenges, SHIB shows signs of potential recovery. The double-bottom formation near the $0.00001030 level could act as a strong support, providing an opportunity for a 62% rebound if this level holds. Furthermore, with oversold conditions and a potential bullish reversal, SHIB could rebound in the coming months, but at a slower pace compared to its meme counterparts. Looking ahead, SHIB is predicted to finish the year in a trading channel between $0.00001875 and $0.00001995. This would mark a 71.33% increase in price from today’s levels, giving investors the potential for a 79.64% ROI by December. The predicted price rise, along with increased adoption and the launch of new features in its ecosystem, could set SHIB on a path toward further growth.