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Shiba Inu Army Hits 1.5 Million as Bullish Reversal Targets $0.000013 Breakout Surge

James Gathecha Avatar
James Gathecha
  • Shiba Inu (SHIB) is showing strong bullish reversal signals with analysts eyeing a breakout above $0.000013, supported by a classic falling wedge pattern and rising higher lows.
  • Meanwhile, SHIB’s holder count has surged past 1.5 million, signaling growing investor confidence and stronger network momentum.


Shiba Inu (SHIB) may be waking from its slumber. The meme coin just crossed a jaw-dropping milestone: over 1.5 million unique wallet holders now hold SHIB, underlining surging investor interest even amid a sluggish broader market. But beyond the swelling army of supporters, technical analysts are zeroing in on one critical price level that could spark a sixfold surge.

According to crypto analyst Crypto Sat, SHIB has emerged from weeks of bearish consolidation into a textbook falling wedge pattern—a technical setup often followed by a sharp upward breakout. “SHIB is flashing a bullish reversal signal on the daily chart,” Sat explained, noting that the falling wedge marks the end of consistent lower highs and lower lows.

Also read: Bitcoin’s Bull Run Far From Over: 30 Key Indicators Signal $230K Peak, Recommend Holding 100% BTC

The key? $0.000012 support must hold, and a breakout confirmation above $0.000013 could be the trigger that sends Shiba Inu into a full-blown rally. As of now, SHIB is trading at around $0.00001218, just shy of that breakout threshold.

What’s adding fuel to the fire is the consistent formation of higher lows, a bullish indicator suggesting upward momentum is building. If the current trend holds, SHIB could soon shift from consolidation into explosive price action, especially as fresh liquidity pours in from new holders.

The rising number of SHIB wallets not only points to growing interest but also strengthens the network effect—crucial for supporting SHIB’s ecosystem projects, decentralization goals, and liquidity.

With a rapidly growing base, bullish chart signals, and a community ready to rally, Shiba Inu may be setting the stage for its next big move. All eyes are now on the $0.000013 breakout zone. If it falls, SHIB could be headed for a wild ride—possibly echoing the explosive runs of meme coin mania past.