Shiba Inu Poised for Breakout toward new ATH as Analysts Predict 568% Rally

SHIB is trading at around $0.00001292, suggesting a 0.11% increase in the last 24 hours, with resistance near $0.00001358 and support forming around $0.0000129. After holding steady in the early hours, SHIB faced consistent selling pressure, pushing the price downward.) is drawing renewed attention after popular community member Heber Mayen suggested the token is preparing for an explosive ￰0￱ a recent post, Mayen highlighted that Shiba Inu’s one-month price chart is showing a 3.65% gain over the past 30 days to $0.00001345. The asset has been consolidating within a descending triangle pattern, which has historically signaled major price movements once the pattern reaches its ￰1￱ to Mayen’s analysis, Shiba Inu is nearing the extreme low point of its triangle ￰2￱ technical setup suggests a decisive move is ￰3￱ expressed confidence in a bullish breakout, supported by strong momentum indicators Is Shiba Inu ATH Incoming?

Community analyst Shib Spain also echoed a bullish ￰4￱ suggested Shiba Inu is consolidating within the $0.00001270 to $0.00001347 support ￰5￱ anticipates a rebound from this level, which could provide the base for a strong ￰6￱ sustained, this momentum might help Shiba Inu challenge previous price barriers.