Shiba Inu (SHIB) has faced prolonged stagnation, with market activity weakening to the point where some investors are questioning its long-term 0 market analyst MMBTtrader recently commented that the current environment appears “dead” and increasingly discouraging for 1 analyst suggested that if present conditions persist, SHIB could risk dropping out of the top 40 cryptocurrencies by market 2 this pessimistic description of current performance, the same analyst outlined a scenario in which SHIB could recover significantly, citing strong support levels and technical structures that may set the stage for a substantial 3 Supports Remain Intact According to MMBTtrader , SHIB is still defending two important daily support zones, located near $0.000006 and $0.000010.
Historically, these levels have provided stability and marked the starting points of earlier upward 4 long as these supports remain intact, the possibility of a future rebound remains on the 5 analyst emphasized that price action is currently constrained by a descending trendline that has acted as resistance for 6 through this red trendline would be a critical step for bulls to regain control of the 7 200% Milestone as Immediate Resistance Before any larger rally can be attempted, SHIB must first clear a major resistance barrier near $0.00003364. This level has already been tested multiple times in recent history, most notably in March and December 8 both occasions, buying pressure was unable to sustain momentum, and the market experienced sharp 9 of this repeated rejection, the $0.00003364 region has now become a well-established ceiling for the 10 argues that successfully breaking through this barrier is essential to unlock further 11 the resistance is overcome, the analyst projects an immediate rally of about 200% from current 12 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Roadmap Toward 400% and 600% Targets Should SHIB manage to establish a foothold above $0.00003364, the analyst believes a path would open toward larger price 13 next milestone would be a 400% rally, a level last observed in November 14 target would represent a significant recovery from current values, exhibiting renewed strength in the 15 long-term projection, however, lies at $0.00007730, Shiba Inu’s all-time high reached in October 16 this price would equate to gains exceeding 600% from current 17 analyst clarified that this outlook is conditional on the token holding its established supports and decisively breaking through the long-standing descending trendline that has capped its price 18 MMBTtrader’s description of the market as “dead” highlights current investor frustration, the analysis ultimately suggests that SHIB’s long-term prospects are not entirely 19 crucial support levels still intact and with resistance zones clearly identified, Shiba Inu retains the potential to stage a significant recovery.
However, until the token can close above $0.00003364, progress toward the higher 400% and 600% targets remains 20 : This content is meant to inform and should not be considered financial 21 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 22 are urged to do in-depth research before making any investment 23 action taken by the reader is strictly at their own 24 Tabloid is not responsible for any financial 25 us on Twitter , Facebook , Telegram , and Google News
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