Shiba Inu Might Be ‘Dead And Sleeping’, But Not For Long, Crypto Expert Says

Shiba Inu (SHIB) continues to trade in a tight band, and that has kept many investors on ￰0￱ on reports, the token is down 45% year-to-date and 15% over the last 30 ￰1￱ Reading: 16,000 Ancient Bitcoins Just Moved—And It’s Costing Whales Billions The memecoin’s price action has left holders wondering when — or if — a strong rebound will ￰2￱ and price swings have cooled, and market mood is leaning toward fear with the Fear & Greed Index at ￰3￱ Forecasts Late Surge According to MMB Trader, the stretch of quiet price action is not the end story for ￰4￱ described the token as a “dead and sleeping coin” that often surprises late in a ￰5￱ key level to watch, he said, sits near $0.00001740.

That line traces back to a trend that began after the March 2024 peak of $0.00004567. If SHIB breaks above that trendline and then holds it on a retest, the trader argued, the price structure would shift toward ￰6￱ Breakout Targets Reports have disclosed three specific upside targets tied to that ￰7￱ first target is $0.00003364 — a rise of 235% from the current price of $0.00001003. The next target is $0.000055480, which would represent about 450% growth from today’s ￰8￱ most ambitious point in this view is $0.00007730, equal to roughly a 670% ￰9￱ analysts have a similar upside figure, calling for a move to $0.000081 if a sustained breakout ￰10￱ Signals From Models And Indicators Other forecasts are more ￰11￱ on CoinCodex data, SHIB is expected to reach $0.00001183 by November 23, 2025, a rise of 16% from the current ￰12￱ indicators in some services are showing Bearish sentiment ￰13￱ the last 30 days SHIB posted 16/30 green days, or 53%, with price volatility around 8.91%.

These details show activity is present, but it has not yet produced a clear directional ￰14￱ And Market Context Trading this token remains ￰15￱ of holders are exposed while the market waits for a clear catalyst. A breakout above the trendline would likely be followed by a retest, which traders often use to confirm whether the move has real ￰16￱ the retest fails, the price could fall back into its prior ￰17￱ scenario is as possible as a breakout, given the current low volatility and reduced ￰18￱ Reading: ‘Unthinkable Scenario’ Required For Bitcoin To Hit $250K, CEO Says Possible Rebound Based on reports and analyst calls, a late and rapid recovery for Shiba Inu is possible, but far from ￰19￱ market is split between cautious models that predict single-digit gains and chart-based calls that map out several hundred percent ￰20￱ now, the trendline near $0.00001740 will be watched closely, and any decisive move above it would change the outlook ￰21￱ image from Unsplash, chart from TradingView