Usman Salis
Shiba Inu (SHIB) is approaching a make-or-break moment. The meme coin has been stuck in a descending triangle for weeks, but volume is picking up. SHIB is trading at $0.00001449—just below the critical $0.00001450 resistance that could unlock serious upside.
The setup looks compelling with a clear descending trendline acting as resistance and solid support underneath. Many traders think this could be the last chance to get in before SHIB's next big move.
Shiba Inu Price Shows Classic Breakout Pattern
After multiple rejections from the descending resistance line, SHIB is gathering strength for another attempt. The accumulation zone has held firm, suggesting smart money might be building positions while retail waits.
The price has stayed above key support despite broader market choppiness. This relative strength often precedes explosive rallies in meme coins.
SHIB Bulls Target Higher Levels
If SHIB cracks $0.00001450 resistance, we could see a rapid move toward $0.00001800 or $0.00002000. That's typical for meme coins—they move fast when technical barriers fall.
The technical setup looks solid and sentiment is turning bullish. For risk-takers, this might be a decent entry opportunity. The key is watching how SHIB handles that $0.00001450 level—a clean break with volume could signal the move bulls are waiting for.
Usman Salis
