- SHIB broke out above a descending trendline that held price captive since early 2025 confirming critical technical breakout.
- Price is currently retesting the breakout zone at $0.00001200– $0.00001400 area which could develop into further strong rallying price up towards $0.00002800 – $0.00003400 levels.
- There is bullish momentum building on increased trading volume suggesting there is strong buying interest with the potential of starting a significant change in trending price.
Shiba Inu (SHIB) just flashed a strong technical breakout, signaling the start of a potential bullish rally. According to World Of Charts, SHIB has broken above a key descending trendline after months of consolidation. The breakout now puts SHIB in a position to gain serious upside momentum.
SHIB Confirms Breakout After Lengthy Consolidation
After repeated tests between the $0.00001200 and $0.00001400 support zone, SHIB finally surged past resistance. The descending trendline, in place since early 2025, had capped prices for months. Breaking above it confirms a critical shift in trend structure.
Besides, the move comes with increasing volume, signaling bullish strength. SHIB is now retesting the breakout zone in what appears to be a textbook bullish setup. Hence, if this support holds, it could trigger renewed buying interest.
In turn, a prolonged bullish trend may drive the asset toward the $0.00002800-$0.00003400 range. The chart suggests that this move could happen fast. SHIB currently trades at $0.00001432, with a daily volume above $486 million. This represents a 3.63% gain in 24 hours and a 15.25% rise over the last week.
Bulls Regain Control As Trend Turns Upward
Momentum favors buyers as SHIB enters a new bullish phase. Also, it retested the breakout area, increasing the chances of an extended move. If it holds above the trend line firmly, this may bring in new inflows from traders looking to play a trend reversal.
Additionally, technical indicators reflect growing strength. The breakout confirms that bears are losing grip, and bulls are taking control. Traders are watching closely for a confirmed daily close above the retest zone.
Significantly, if price and volume continue aligning, SHIB may enter a parabolic rally. The setup suggests a broader shift from accumulation to expansion.
In conclusion, Shiba Inu’s recent breakout marks a powerful turning point. With volume rising and resistance broken, the market could see a strong upward run soon.
