Shiba Inu Hits Triangle Apex: Watch $0.000013 and $0.00001
Shiba Inu price is consolidating within a symmetrical triangle around $0.0000123, with a breakout above $0.000013 or a breakdown below $0.00001 set to dictate its short-term trend. A decisive move above resistance could target the 200-day EMA and $0.000015, while a fall below support may drive SHIB toward $0.0000095. Traders should watch Shiba Inu’s daily volume against the 20-day average and confirm moves using on-chain metrics, TradingView patterns and exchange order-book data. Key levels are $0.00001 support and $0.000013 resistance, with secondary targets at $0.0000095 and $0.000015. A volume surge on resolution will signal conviction.
Neutral
The symmetrical triangle indicates that Shiba Inu’s next move could be bullish or bearish, making the immediate impact neutral. Similar patterns in altcoins, such as Dogecoin’s triangular consolidation in early 2025, resulted in both sharp rallies on breakouts and significant declines when breakdowns occurred. Until SHIB decisively closes above $0.000013 or below $0.00001 with elevated volume, traders lack clear directional signals. In the short term, volatility is poised to expand upon resolution, but without a confirmed breakout or breakdown, market sentiment remains balanced. Long-term momentum will follow the direction of the initial trend breach, reinforcing bulls above resistance or bears below support.