- Shiba Inu’s weekly chart forms a tightening range between long-term support and resistance, mirroring past pre-rally setups.
- Trading volume increased 11.5%, signaling active accumulation even as SHIB holds near critical support around $0.00009.
- The token’s historical rebound pattern from this zone suggests another potential upward move if resistance breaks.
Shiba Inu has again neared a significant technical support level which has historically been followed by massive rallies. The price box is now tightening and this has prompted traders to be excited again over the likely possibility of a bullish run in the next few weeks.
Shiba Inu Reaches Critical Support Zone
The current weekly chart for Shiba Inu (SHIB/USDT) shows a defined compression structure that has persisted since mid-2022. A descending resistance trendline and a rising support base now converge, indicating the token’s approach toward a major decision point. The setup reveals a descending triangle pattern that has repeatedly served as a precursor to notable price movements.
The green ascending support line has proven to be a reliable floor for SHIB. Each time price action has touched this trendline, it has been followed by a strong recovery phase. The pattern occurred first in 2022, then again between 2023 and 2024, with both instances leading to considerable rallies. The ongoing interaction with this level has drawn attention from market participants awaiting another upward cycle.
This structural consistency has created a sense of technical rhythm. Market analysts often refer to this behavior as cyclical compression and release — a phase where long consolidation periods precede major directional shifts. If SHIB maintains its support, traders may soon witness a repeat of its historical pattern.
Volume Activity Reflects Accumulation
TheCryptoBasic noted that Shiba Inu remains resilient around its support, despite the more general market uncertainty. Although the trading volume has slightly decreased by 0.22%, it has increased by 11.5% to an estimated $277.51 million. This rise indicates a rise in activity implying that the investors are getting more active at this time of consolidation.
As of writing, SHIB is trading at approximately $0.00009119 and has a market cap of $5.37 billion, still being ranked among the 25 leading cryptocurrencies. The network has a strong community strength in the long run as supported by its strong base of about $2.87 million holders. The narrow trading range of between $0.00009 and $0.000092 is an indication of balanced accumulation-profit taking.
Besides, the one-day chart shows the gradual series of higher lows since the beginning of November. This is a sign of support by patient holders. The volume to market cap ratio proved to be relatively high at 5.17%, which proves the constant liquidity of SHIB and would be appropriate to the active traders who are waiting to watch volatility growth.
Conditions of Market Outlook and Breakout.
Analysts observe that a breakout of over $0.000012-$0.000013 is the price to take a new step of the bullish trend. SHIB has in historical experience surged in reclaiming this range of resistance after phases of consolidation. The fact that the smaller falling wedges are present in the larger pattern also gives this scenario more ground since the events of this type of setups had occurred in the past before upward breakouts.
On the other hand, inability to stay above the green support—about $0.000006-$0.000007—would cause a prolonged fall. Broader crypto market sentiment and Bitcoin’s performance remain the primary external drivers. A stable Bitcoin environment may allow SHIB to reattempt its upper resistance levels and regain short-term strength.
The token’s long-term outlook continues to depend on community engagement and ongoing ecosystem initiatives like Shibarium and burn mechanics aimed at supply reduction. With compression tightening and accumulation continuing, SHIB stands at the intersection of anticipation and opportunity—awaiting confirmation of its next directional move.
