- Shiba Inu is holding its ground and could rocket 150% to $0.000032 if momentum keeps building from here.
- SHIB’s past rallies show the same pattern forming again, with support holding strong and resistance about to be tested.
- Traders are watching SHIB closely as volume and MACD hint that a big move higher could be just around the corner.
Shiba Inu’s chart is flashing urgency as analysts warn of a possible major breakout. According to Javon Marks, SHIB could stage a +150% run toward $0.000032 after confirming a bullish divergence.
Currently, SHIB trades at $0.00001269 with modest gains of 0.23%, yet its technical structure suggests that a decisive move may be forming soon.
Cycles Define SHIB’s Market Behavior
The token has displayed sharp volatility since May 2024, with two explosive cycles shaping its market path. The first cycle ignited in November 2024, with SHIB surging nearly 360% to a peak of $0.00004600. However, the rally cooled sharply by mid-2024, erasing around 70% of those gains and settling near $0.00001400.
Source: Javon Marks
The second cycle began in late 2024, pushing SHIB back toward $0.00003200 by early 2025. This move retraced nearly 80% of the previous peak, yet it failed to breach the descending resistance trend line connecting both cycle highs. Consequently, this trend line has become the key overhead barrier for SHIB’s next move.
Support Holds as Momentum Builds
Despite resistance, SHIB maintains strength above its ascending support line, which connects major lows since 2024. This structure provides a firm base for potential upside. Moreover, volume shows activity spikes during rallies, while the MACD indicator edges closer to a bullish crossover. These signals suggest traders are quietly positioning for a breakout.
Additionally, recent consolidation above support creates an attractive risk-reward setup. If SHIB can push above the descending resistance, analysts expect continuation toward $0.000032. Hence, Javon Marks highlights this technical zone as the battleground for SHIB’s next major rally.
Shiba Inu is preparing for a decisive breakout. If momentum confirms, SHIB could climb 150% higher, drawing renewed trader attention.
