Shiba Inu (SHIB) is holding at a crucial support level with a promising setup for its next big move. The token is forming a "W" recovery pattern that could push SHIB toward $0.000016 and potentially challenge its all-time high.
SHIB Chart Analysis: The Support Zone Holds
CRYPTO SHIB analyst are watching closely as this level could launch significant upward momentum.

The 4-hour SHIB/USDT chart shows price stabilizing in the $0.00001300–$0.00001350 range with multiple bounces creating a solid base. A breakout could send SHIB toward $0.00001500, with $0.00001600 as the next target. The projected "W" pattern reflects bullish recovery, and higher lows in recent sessions show buyers gaining control.
Market Forces Behind SHIB's Potential
Shibarium's ongoing upgrades add real utility to the ecosystem, while renewed meme coin sentiment drives speculative interest. The active Shiba Inu community provides sustained liquidity and social momentum that often fuels significant price movements.
What's Next for SHIB
Bulls need to hold $0.00001300 support while pushing through resistance toward $0.00001500 and $0.00001600 targets. A sustained breakout could set SHIB on course for a new all-time high. SHIB sits at a decision point, and these support zones historically become foundations for powerful rallies.