Shiba Inu Eyes 20–78% Upside After Holding $0.000010 Support

Published: 2025-10-22 01:18:22 |

Shiba Inu (SHIB) has stabilized above its critical $0.000010 support zone after a 42% drop this year. This level has served as an accumulation area since March 2025. Analysts say the sustained $0.000010 support could prevent further declines and spark a SHIB price recovery. The next demand zone at $0.0000119 offers roughly 20% upside. However, SHIB faces descending trendline resistance near $0.000013 – about 31% above current levels. A decisive breakout above this trendline would confirm entry into a trend reversal zone. Surpassing the May 12 high of $0.00001765 (78% gain) would pave the way to targets at $0.000020 and $0.000025. Traders should watch for breakouts or breakdowns around key support and resistance zones to gauge short-term momentum and long-term trend shifts.

Bullish

By holding the key $0.000010 support zone, SHIB has shown resilience after a steep decline. The formation of a new demand zone at $0.0000119 suggests buyers are stepping in, signaling potential for a 20% recovery. A breakout above the descending trendline resistance at $0.000013 would confirm a trend reversal and open targets at $0.00001765, $0.000020, and $0.000025. This setup points to bullish pressure in the short term if support holds; in the long term, breaking critical resistance levels could drive sustained gains. However, failure to breach key resistance or a breakdown below $0.000010 could negate this outlook.