- SHIB forms Inverse Head and Shoulders, signaling a possible 503% breakout to $0.000081.
- Whale activity surges 522%, suggesting major accumulation ahead of potential price movement.
- $0.0000127 support holds firm as long-term holders increase, reinforcing bullish market structure.
Shiba Inu (SHIB) has risen to $0.00001288 after seeing a low price earlier on. In spite of an almost 40% reduction since January, charts are now showing signs that prices might start to rise.. Analysts and traders are watching several technical patterns and whale transactions closely ahead of a new week.
Technical Patterns Support Recovery Outlook
SHIB is nearing the final phase of an Inverse Head and Shoulders pattern. This structure typically signals a reversal and, if confirmed, could support a move to higher levels. Javon Marks noted that this pattern could lead to a target of $0.000081, representing a 503% upside from current prices.
The price has consistently found support around the $0.0000127 zone. This level has acted as a critical base during multiple pullbacks in the past year. SHIB has previously surged from this level in several recovery phases, including sharp moves in December 2024 and May 2025.
A break above the 50-day SMA at $0.00001384 and then the 200-day SMA at $0.00001769 is needed for continuation. Until then, resistance at $0.00001345 remains a near-term ceiling.
Whale Activity and Holder Behavior Signal Accumulation
According to data from IntoTheBlock, SHIB saw a 522% increase in large transaction volume in the past 24 hours. Whale transactions above $100,000 reached 1.95 trillion SHIB, or about $25.83 million. These spikes often suggest accumulation during low-volatility periods.
In addition, the number of long-term holders has increased by 0.94% over the past year. More investors are holding SHIB for over 12 months, while short-term traders continue to decline.
This behavior shift may point to rising confidence in the token’s long-term potential. Coinvo also noted, “This SHIB support level could mark the bottom before the rally,” echoing analyst targets of $0.00004 as a possible minimum in upcoming sessions.
