Key Takeaways:
- SHIB hits historical support within a descending triangle
- Breakout level: $0.000013373 (48% above current price)
- Potential targets: $0.00002754 and $0.00003329 (+200%–270%)
Shiba Inu Hits Crucial Support Zone
Shiba Inu (SHIB) has reached a key support level that historically signals the start of major rallies. According to crypto analyst Akbarkarimzsfeh, SHIB’s current dip could mark the calm before a rocket-like surge — similar to what preceded its 2021 and early 2024 rallies.
After sliding more than 6% in the past 24 hours, SHIB now trades around $0.00000902, reflecting broader market weakness. The meme token, ranked 24th by market cap, has seen sharp corrections of 13% and 30% over the past week and month, respectively. Yet, analysts suggest this pullback could be the precursor to a strong comeback.
Pattern Points to Another Explosive Move
On TradingView, Akbarkarimzsfeh highlighted a bullish historical pattern within SHIB’s long-term descending triangle. Each time the token hit the lower boundary of this structure, a massive upside followed — sending prices toward the upper trendline.
The chart shows SHIB currently trending in a smaller descending channel since May 2025. The token recently touched a local low of $0.00000678, mirroring past “compression” phases that preceded its major breakouts. If history repeats, SHIB may soon break free from this pattern and begin another upward run.
Also Read: Shiba Inu Army Hits 1.5 Million as Bullish Reversal Targets $0.000013 Breakout Surge
Key Breakout Levels and Price Targets
For confirmation, the analyst points to $0.000013373 as the critical breakout level — a 48% jump from current prices. A breakout above this threshold could propel SHIB to the upper trendline of the multi-year formation.
Two key targets emerge from the analysis:
- $0.00002754 – representing a 205% gain
- $0.00003329 – signaling a potential 269% surge
Also Read: Ethereum Price Prediction: On-Chain Strength Signals Potential Breakout Above $2,800
These levels would take SHIB back to prices last seen during the “Trump rally” of December 2024. Notably, a separate analyst, GehavianGoals, supports this bullish view, projecting SHIB could soar to $0.0000335 in the next leg up.
History Could Repeat for SHIB
Shiba Inu’s consistent reaction to its lower trendline suggests a rebound may be imminent. If SHIB holds its support and breaks out above $0.000013373, history hints at another explosive rally — potentially pushing the meme coin into a new bullish cycle.
