Comprehensive Analysis of Shiba Inu’s Price Movement
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Shiba Inu Price Movement Insights
In recent times, Shiba Inu has exhibited a stable trend, hovering around the $0.00001197 mark after rebounding from its weekly lows near $0.00001180. This recovery coincides with a surge in Bitcoin’s activity, where the leading cryptocurrency achieved unprecedented highs. Although Shiba Inu’s market movement might appear subdued compared to other digital currencies, it is shaping a pattern on the daily candlestick timeframe that suggests a potential significant rally. Detailed analysis using the TradingView platform indicates that this meme coin is on the brink of a dynamic price shift.
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Analyzing the Long-Term Structural Dynamics
An in-depth technical analysis of Shiba Inu’s recent price trends on the daily candlestick chart underscores its current retesting phase within a significant buy zone amidst a descending structure that has influenced its trajectory since May 2025.
For several months, Shiba Inu has been confined to a narrow consolidation range, delineated by a horizontal support level at the base and a sloping resistance trendline linking a series of diminishing highs. The upper resistance is positioned between $0.0000135 and $0.000014. Nevertheless, Shiba Inu is poised to fortify its strong buy zone between $0.0000108 and $0.0000120, aiming to gather the liquidity essential for a breakout. Historical tests of this zone since May have consistently triggered buying pressure, thwarting further declines.
If SHIB manages to stabilize within this accumulation territory and initiates an upward trajectory, the next pivotal phase would be a definitive breakout above its descending resistance line. A decisive daily close above $0.0000150 would validate the robustness of this movement. Such a breakout would signify a clear structural shift, potentially triggering a surge to $0.000017.
However, the region spanning $0.0000176 to $0.0000190 aligns with a broader trend reversal zone, where Shiba Inu may encounter selling pressure from prior order blocks. A rejection here could prompt another retracement, maintaining the meme coin within its prolonged consolidation phase.
Conversely, if the price successfully breaches $0.0000190 and establishes support above it, SHIB could break free from its descending pattern, paving the way for a sustained bullish progression beyond $0.00002.
Current Trends in Shiba Inu Market Activity
At the time of this analysis, Shiba Inu is trading at $0.000012, following a slight dip from $0.00013 earlier in the week. The realization of this breakout heavily depends on the wider cryptocurrency market dynamics. Bitcoin’s prevailing dominance and momentum significantly influence altcoin sentiment. Consequently, an extended upward trend from Bitcoin’s latest consolidation post its all-time high could also facilitate Shiba Inu’s rebound from its strong buy zone.
In parallel developments, a prominent member of the Shiba Inu community recently alerted the SHIB community to remain vigilant against an escalating phishing scam.
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