Can Shiba Inu Hit $1 as Price Holds $0.000012 and Whales Keep Buying?

Shiba Inu (SHIB) has survived a volatile week, with both traders showing mixed ￰0￱ dropped to as low as $0.00001305 and then slightly higher at 0.00001200, experiencing high volatility and accumulating bear ￰1￱ has been poor, although there have been slight ￰2￱ daily volume traded also fell by over 22 percent, which underscored the cautiousness in the ￰3￱ and Smart Money Boost Shiba Inu Holdings The downturn highlights fragile confidence in Shiba ￰4￱ investors remain cautious, balancing short-term dips with their longer-term potential. Yet, whale and smart money activity offer a contrasting ￰5￱ data shows large holders boosted their SHIB stash from 38.52 billion to over 100.52 billion tokens in recent ￰6￱ represents more than 62 billion tokens, valued at $745,000, added during the ￰7￱ money wallets also displayed aggressive ￰8￱ holdings surged by 98% in 30 days, reaching 12.46 billion ￰9￱ behavior is often seen as a bullish ￰10￱ traders typically accumulate when they anticipate a price rebound, even during turbulent ￰11￱ Hold Support as Bulls Target $0.000020 to $0.000032 From a technical perspective, SHIB trades below a descending trendline that has capped rallies since late ￰12￱ now lies near $0.00001340.

A breakout above this point could fuel bullish momentum toward $0.000018–$0.000020, with an extended target at $0.00003222. Failure to break higher may see prices slip ￰13￱ nearest support stands between $0.00001200 and $0.00001220, where buyers have previously stepped ￰14￱ remain ￰15￱ Relative Strength Index (RSI) sits at 47.42, signaling neither overbought nor oversold ￰16￱ also lingers at subdued ￰17￱ believe a clear breakout with strong volume would confirm bullish intent and lift market ￰18￱ then, SHIB remains in a make-or-break ￰19￱ SHIB price climb from $0.000012 to $1? Beyond near-term levels, the long-term question remains: can Shiba Inu ever hit $1?

The idea has divided its ￰20￱ argue it is possible through sustained growth in utility and large-scale token ￰21￱ Inu’s marketing lead, Lucie, cited a ChatGPT analysis suggesting these factors could make the bold milestone ￰22￱ remain firm, citing SHIB’s massive circulating supply of 589.24 trillion ￰23￱ the token trading at $0.00001211 and a market cap of $7.14 billion, reaching $1 would require an unimaginable rally of more than 8.2 million ￰24￱ Whale accumulation and smart money behavior provide some hope of a rebound, at least at ￰25￱ Shiba Inu will behave in the short term will depend on whether it will overcome the resistance or revert once ￰26￱ following weeks will determine whether or not the shakeout at hand now is a recovery agenda or consolidation agenda.