Shiba Inu Trades in Tight Range as Analysts Eye $0.00001546 Breakout Level

Shiba Inu could be nearing the end of its consolidation phase, according to a leading market analyst who expects the token to deliver major gains ￰0￱ recent pullbacks, the meme coin continues to hold strong support levels, indicating that accumulation remains ￰1￱ are watching closely for signs of an upside breakout that could trigger a significant ￰2￱ analysts believe that a move above key resistance could mark the beginning of Shiba Inu’s next major bullish ￰3￱ Identifies Key Breakout Zone for Shiba Inu Shiba Inu recently attempted to climb above $0.000013 but slipped below $0.00001250 following a mild correction in the broader crypto ￰4￱ the dip disappointed some investors, analyst Crypto Feras maintained that the token remains within a healthy “super clean accumulation” ￰5￱ pointed out that SHIB has traded sideways for several months between $0.000011 and $0.00001150, consistently rebounding from stable ￰6￱ to Feras, this extended consolidation phase has built a strong technical base for a potential bullish ￰7￱ projected that once momentum returns, Shiba Inu could climb toward $0.00001546, a level that has repeatedly acted as strong resistance.

A confirmed breakout above this threshold, he added, could ignite a powerful rally for the token. Feras’s chart analysis suggested that SHIB could surge to around $0.00002462 if it breaks above $0.00001546, marking nearly a 100% rise from its current ￰8￱ further stated that a decisive move beyond that resistance could lead to “multiple Xs” in returns, implying sustained upward movement fueled by renewed buying interest.