The post SHIB Bulls Target $0.0000155, Next Stop After Breakout? appeared on BitcoinEthereumNews.com. Key Insights: SHIB trades just under $0.000013 resistance with buyers building support around $0.00001200. Long-term chart shows SHIB in accumulation zone between $0.00001000 and $0.00001250 levels. Break above $0.000013 with volume could open a path toward a $0.0000155 price target soon. SHIB Bulls Target $0.0000155, Next Stop After Breakout? Shiba Inu (SHIB) was trading near a key resistance level that traders are closely monitoring. At the time of writing, SHIB was priced at $0.00001247, with a 24-hour trading volume of approximately $196 million. The token is down slightly by 0.42% on the day but has gained 7% over the past week. Price Holds Below Key Resistance at $0.000013 The short-term SHIB/USDT chart shows price movement just under the $0.000013 level. This zone has acted as resistance in recent sessions. Sellers have previously stepped in at this point, preventing further gains. SHIB is currently consolidating around $0.00001247, showing limited volatility in the near term. Analyst CW stated,  “If $SHIB breaks through the sell wall of $0.000013, it will continue to rise to $0.0000155.”  Source: CW/X This level aligns with a previous rejection zone visible on the 4-hour chart. Below current levels, demand appears between $0.00001050 and $0.00001200, providing a possible support base. Accumulation Phase Visible on Long-Term Chart A weekly view shared by EtherNasyonaL shows that SHIB has remained in a sideways range for months. The price has held between $0.00001000 and $0.00001250, forming what appears to be an accumulation zone. This phase has followed a steady downtrend since the all-time high in 2021. A descending trendline drawn from that high remains unbroken. SHIB is once again approaching this line. The chart includes possible future moves toward earlier supply zones around $0.00002500, $0.00003500, and $0.00006000, assuming price breaks above the trendline. The analyst described this setup as “the calm before the… The post SHIB Bulls Target $0.0000155, Next Stop After Breakout? appeared on BitcoinEthereumNews.com. Key Insights: SHIB trades just under $0.000013 resistance with buyers building support around $0.00001200. Long-term chart shows SHIB in accumulation zone between $0.00001000 and $0.00001250 levels. Break above $0.000013 with volume could open a path toward a $0.0000155 price target soon. SHIB Bulls Target $0.0000155, Next Stop After Breakout? Shiba Inu (SHIB) was trading near a key resistance level that traders are closely monitoring. At the time of writing, SHIB was priced at $0.00001247, with a 24-hour trading volume of approximately $196 million. The token is down slightly by 0.42% on the day but has gained 7% over the past week. Price Holds Below Key Resistance at $0.000013 The short-term SHIB/USDT chart shows price movement just under the $0.000013 level. This zone has acted as resistance in recent sessions. Sellers have previously stepped in at this point, preventing further gains. SHIB is currently consolidating around $0.00001247, showing limited volatility in the near term. Analyst CW stated,  “If $SHIB breaks through the sell wall of $0.000013, it will continue to rise to $0.0000155.”  Source: CW/X This level aligns with a previous rejection zone visible on the 4-hour chart. Below current levels, demand appears between $0.00001050 and $0.00001200, providing a possible support base. Accumulation Phase Visible on Long-Term Chart A weekly view shared by EtherNasyonaL shows that SHIB has remained in a sideways range for months. The price has held between $0.00001000 and $0.00001250, forming what appears to be an accumulation zone. This phase has followed a steady downtrend since the all-time high in 2021. A descending trendline drawn from that high remains unbroken. SHIB is once again approaching this line. The chart includes possible future moves toward earlier supply zones around $0.00002500, $0.00003500, and $0.00006000, assuming price breaks above the trendline. The analyst described this setup as “the calm before the…

SHIB Bulls Target $0.0000155, Next Stop After Breakout?

2025/10/03 22:36

Key Insights:

  • SHIB trades just under $0.000013 resistance with buyers building support around $0.00001200.
  • Long-term chart shows SHIB in accumulation zone between $0.00001000 and $0.00001250 levels.
  • Break above $0.000013 with volume could open a path toward a $0.0000155 price target soon.
SHIB Bulls Target $0.0000155, Next Stop After Breakout?

Shiba Inu (SHIB) was trading near a key resistance level that traders are closely monitoring. At the time of writing, SHIB was priced at $0.00001247, with a 24-hour trading volume of approximately $196 million. The token is down slightly by 0.42% on the day but has gained 7% over the past week.

Price Holds Below Key Resistance at $0.000013

The short-term SHIB/USDT chart shows price movement just under the $0.000013 level. This zone has acted as resistance in recent sessions. Sellers have previously stepped in at this point, preventing further gains. SHIB is currently consolidating around $0.00001247, showing limited volatility in the near term.

Analyst CW stated, 

Source: CW/X

This level aligns with a previous rejection zone visible on the 4-hour chart. Below current levels, demand appears between $0.00001050 and $0.00001200, providing a possible support base.

Accumulation Phase Visible on Long-Term Chart

A weekly view shared by EtherNasyonaL shows that SHIB has remained in a sideways range for months. The price has held between $0.00001000 and $0.00001250, forming what appears to be an accumulation zone. This phase has followed a steady downtrend since the all-time high in 2021.

A descending trendline drawn from that high remains unbroken. SHIB is once again approaching this line. The chart includes possible future moves toward earlier supply zones around $0.00002500, $0.00003500, and $0.00006000, assuming price breaks above the trendline. The analyst described this setup as “the calm before the storm,” referring to the current low-volatility range.

Volume Builds as Market Watches Key Level

Trading activity has picked up during recent upward moves, showing increased participation. However, no breakout has been confirmed. The $0.000013 level remains the area to watch. A move above this zone, supported by volume, would add strength to the next target around $0.0000155.

Until that happens, SHIB may continue to trade within the current range. Buyers will likely need to defend levels near $0.00001200 to keep momentum in place. The next sessions may be important in determining whether SHIB can attempt a move beyond its current ceiling. 

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/analysis/shib-bulls-target-0-0000155/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
Share