Shiba Inu (SHIB) Price Prediction: Is SHIB Building Momentum After Months of Decline?

After a prolonged downtrend and sideways action, price indicators are showing early signs of a breakout.

Shiba Inu (SHIB) price has been relatively quiet in recent weeks after a prolonged downtrend and sideways action. However, recent technical patterns are whispering a different story.

The infamous meme coin, which once shocked the market with a multi-thousand percent rally, may be coiling up for another big move. After a prolonged downtrend and prolonged action, price indicators are beginning to show early signs of a breakout.

Is SHIB price gearing up to regain investor attention and claw its way back to higher levels? Let's take a closer look at the technical landscape to identify crucial support and resistance zones for optimal trading decisions.

Shiba Inu Price Analysis: Is A Breakout Imminent?

On the daily chart, SHIB has been consistently trending downwards since the late-2024 peak, losing steam with lower highs and lower lows.

However, that narrative is slowly changing. After a period of decline, SHIB has shown a mild recovery in the past few weeks, pushing back up toward the 0.00001200–0.00001230 zone.

Currently trading at 0.00001223, SHIB has managed to reclaim the 20-day simple moving average (SMA) and is now testing the 50-day SMA, which sits slightly above at 0.00001283. If bulls manage to push the price above this level, the next critical targets will be the 100-day SMA at 0.00001576 and 200-day SMA at 0.00001898.

The Heikin Ashi candles on the daily chart are beginning to show smaller-bodied bullish candles after a stretch of consistent reds—an early sign of trend exhaustion from the bears.

Meanwhile, the Accumulation/Distribution Line (ADL), although flat, shows no sharp decline. This implies that distribution pressure may have eased and accumulation might slowly be picking up.

Is The Hourly Chart Pointing Towards A Short-Term Breakout?

Zooming into the hourly chart, the action is more promising. SHIB has been trending above key moving averages—20, 50, and 100-hour SMAs—and has just cleared the 50 SMA resistance with a clean Heikin Ashi green candle.

The structure on this timeframe shows a mini-bull flag breakout, with SHIB pushing up from a consolidation channel around 0.00001210–0.00001220. This kind of setup often leads to a short-term pop, especially in meme coin environments where momentum feeds on hype.

The 200-hour SMA, resting at 0.00001175, is acting as strong support now. As long as price holds above it, SHIB remains in short-term bullish territory.

Additionally, the ADL indicator on the hourly chart is flat but stabilizing. While it doesn't yet confirm major inflows, it suggests that selling pressure isn't intensifying.

What Are The Key Levels To Watch?

On the daily chart, the first crucial level to break is 0.00001283 (50-day SMA). If bulls succeed, the next zones to target are 0.00001576 (100-day SMA) and then 0.00001898 (200-day SMA)—which would be a massive 50%+ move from current levels. But SHIB is known for its parabolic swings, so those targets are not outlandish.

On the downside, strong support sits near 0.00001000, a psychological level, and the recent consolidation zone between 0.00001050–0.00001100.

From the hourly view, the immediate support sits at 0.00001200, followed by 0.00001175. A successful close above 0.00001250 could trigger a mini-surge toward 0.00001300–0.00001330.

Shiba Inu Price Prediction: Could SHIB Be Making A Comeback?

Technically, SHIB price is at a make-or-break level. The downtrend has paused, early bullish signs are appearing, and moving averages are starting to align favorably. A daily close above the 50-day SMA would be a major green flag, especially if accompanied by volume.

While this isn't yet a full-blown breakout, it’s the first sign of strength SHIB has shown in weeks