After the recent meteoric rise of Shiba Inu (which is still just beginning by the way), many are already looking deeper into the Meme Coin and Dog Coin space to find additional smaller cap opportunities. Kuma Inu is picking up support and volume and I believe it will retest local support (as depicted) before moving up to the next target point, consolidating, then...
This is not financial advice, but my fundamental analysis of this coin has shown that it truly has the gas to outlast and outperform DOGE coin's growth and use potential. With recent comments about Shib from Robinhood's CEO, many are left wondering which DEX will list SHIBA INU next, and whether or not SHIB will in fact become Robinhood's 8th Crypto holding...
If you're interested in the Kuma Inu project, I will keep posting updates as they confirm their trends. As for now, I believe that this is just the beginning for this coin and we could still see massive growth in the coming months. Just something to keep an eye on.
If we look at the reverse Fib, can see a clear bounce of the 0,786 level.
Also we can see a breakout of falling wedge.. For me it looks very bullish.
Should come quick to new ATH. Have fun.
