Shiba Inu (SHIB) has rebounded at a crucial weekly support level between $0.0000074 and $0.0000057, following a recent 4% price correction. Analyst MMBTrader highlights that this support zone has historically been a stronghold for the meme coin, often preceding significant price recoveries. The latest rebound has sparked speculation of an 80% rally, potentially driving SHIB to $0.00001325. The analyst notes that sustained trading above this support, coupled with increased buying pressure, could signal a bullish reversal for Shiba Inu. However, the market's direction remains uncertain, and SHIB's potential rally would require stability in Bitcoin and major altcoins. At its current price of $0.00000778, reaching the target would represent a 72% increase.