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1 month ago

Shiba Inu Eyes 100–150% Breakout as Analysts Highlight Critical Resistance

SHIB holds at key support while analysts predict a breakout could spark a major rally if resistance breaks.

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Shiba Inu Eyes 100–150% Breakout as Analysts Highlight Critical Resistance
Shiba Inu Eyes 100–150% Breakout as Analysts Highlight Critical Resistance

Shiba Inu (SHIB), known for its volatile price swings, is once again at the center of bullish speculation. Recent TradingView analysis points to key support levels at $0.000010 and $0.000007 as the foundation for a potential breakout. If these levels hold, a 100–150% surge may be on the horizon.

Analyst MMB believes SHIB could reclaim higher ground, targeting a breakout around $0.00003364. Another trader, PouyanTradeFX, projects a potential move up to $0.000074 if resistance is broken, though he warns that rejection could send SHIB back to $0.000011.

On a broader scale, CoinCodex forecasts SHIB reaching $0.00002851 by February 2026—over 120% above current prices. While technical indicators remain bearish, the Fear & Greed Index shows a “greed” level at 60, hinting at underlying optimism.

In conclusion, SHIB remains in a holding pattern. The potential for a significant rally exists, but it all hinges on a decisive resistance break. Until then, SHIB investors are left waiting—hoping for history to repeat.