Shiba Inu (SHIB) is on the verge of shaking up the crypto scene, hinting at a potential surge that could excite both traders and long-term holders.

After months of sideways movement, the meme-inspired cryptocurrency is showing early signs of a bullish reversal. Analysts now anticipate that SHIB could climb to $0.0000159, representing a potential 27% rally from its current price, reigniting interest among investors closely watching the token’s technical patterns.

Carl Moon, founder of the Moon Show, highlighted in a recent tweet that Shiba Inu’s price has been forming a horizontal triangle on the daily chart. “The triangle suggests tightening momentum that could lead to a breakout,” Moon said, indicating a potential catalyst for bullish price action.

Forming a Descending Triangle Boosts Optimism

Shiba Inu has experienced a mixed year, with the token dropping over 40% since early 2025. Its most recent price retracement from $0.0000142 in August to a support level of $0.000012 reflects broader sideways market activity. Despite this, analysts remain cautiously optimistic about the Shiba Inu outlook.

SHIB is showing a potential horizontal triangle pattern on the daily chart, signaling possible upcoming price consolidation or breakout. Source: Carl Moon via X

The descending triangle, originating from the July high of $0.0000159, has confined SHIB’s movements, providing both support at $0.0000100 and resistance at the triangle’s upper boundary. Market observers suggest that a breakout above this triangle could trigger a rally, potentially pushing Shiba Inu past its July peak.

Imminent Breakout Signals Potential Rally

Technical charts indicate that Shiba Inu’s price is coiling within the triangle, suggesting that a breakout may be imminent. If SHIB successfully breaches this resistance, it could mark the start of a significant upward movement. Analysts anticipate that this rally could reach the $0.0000159 target, representing a notable 27% gain from current prices.

With divergence confirmed, $SHIB (Shiba Inu) could still see a substantial bullish reversal, potentially climbing around 150% to reach $0.000032. Source: JAVON MARKS via X

Javon Marks, a market commentator, also pointed to a confirmed bullish divergence on shorter timeframes that could further support Shiba Inu’s upward trajectory. Meanwhile, the Shiba Inu ecosystem team has projected that SHIB could eventually surpass its 2021 peak, emphasizing that broader adoption remains key to long-term value.

Support Holds Amid Market Pressures

Shiba Inu’s current support of $0.000012 is considered important by traders. This level has withstood general market pressures, a sign of strength within SHIB holders. The recent weeks’ descending channel pattern is a sign of controlled price action, which is usually a prelude to strong breakout potential.

$SHIB tests key support at 0.0000126, with a breakout potentially driving it to 0.0000140–0.0000145. Source: Lingrid on CoinMarketCap

Technical analysts believe that if the bulls sustain and break the resistance, Shiba Inu can rally towards the $0.0000140–$0.0000145 range before testing higher targets. This route is in line with the historical resistance levels and key Fibonacci retracement zones, which have always influenced SHIB price action.

Broader Market Context

While Shiba Inu has breakout potential, warning flags are being raised by some analysts. In recent months, volumes have fallen off, and the token continues to sit beneath its 50-week moving average.

Furthermore, large investors and whales have not evidenced major accumulation and are instead indicating that at this point, momentum remains retail-driven.

Shiba Inu’s 2025 price forecast is optimistic, with the possibility for gains tempered by market uncertainty. However, fans point to strong fan base support and advancements in the ecosystem, like Shibarium and ongoing marketing, as variables poised to sustain long-term growth.

Will Shiba Inu Coin Go to $1?

Despite rally optimism in the short term, industry experts remain bearish on Shiba Inu breaching the $1 mark in the short run. The present market capitalization and token supply are monumental challenges, though analysts continue to look for long-term projections for SHIB.

Shiba Inu was trading at around $0.00001248, up 1.11% in the last 24 hours at press time. Source: Brave New Coin

As the market awaits SHIB’s next direction, investors and traders are recommended to watch support and resistance areas closely. If a breakout to the upside above $0.0000159 is successful, there could be a signal for a renewed bull run, spurring renewed interest in the Shiba Inu cryptocurrency price among both retail and institutional investors.