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SHIB May Extend Gains After Breaking Local Resistance, Could Reach $0.000013–$0.0000135

SHIB May Extend Gains After Breaking Local Resistance, Could Reach $0.000013–$0.0000135

Coinotag2025/08/22 18:35
By: Marisol Navaro
REACH0.00%BTC+0.63%







  • Bullish momentum: SHIB broke hourly resistance and is testing $0.00001264 with potential to reach $0.000013–$0.00001350.

  • Short-term range: Expect consolidation between $0.000012 and $0.000014 unless daily close confirms a breakout.

  • Market data: SHIB rose 1.62% in 24h and trades at $0.00001278 at press time (CoinMarketCap, TradingView reference).

SHIB price climbs 1.62% as bulls test $0.00001264 resistance; SHIB/USD updates, short-term targets to $0.000013–$0.00001350, and key trading levels — read now.

Published: 2025-08-22 | Updated: 2025-08-22 | Author: COINOTAG

The end of the week is bullish for most of the coins, according to CoinMarketCap.

SHIB May Extend Gains After Breaking Local Resistance, Could Reach $0.000013–$0.0000135 image 0
Top coins by CoinMarketCap

What is the current SHIB price outlook?

SHIB price shows a short-term bullish bias after a 1.62% gain in 24 hours and an hourly resistance break near $0.00001253. Bulls must secure a daily close at or above $0.00001264 to support moves toward $0.000013–$0.00001350; failure to hold may keep SHIB in a $0.000012–$0.000014 range.

How did SHIB reach this level and what technical signals matter?

Hourly charts show a clear breach of the local resistance at $0.00001253. Volume on intraday candles increased modestly during the breakout, supporting the move. Traders should watch the daily candle close and the immediate support at $0.000012 to gauge conviction. Coinotag analysis highlights the importance of $0.00001264 as the next confirmation level.

SHIB May Extend Gains After Breaking Local Resistance, Could Reach $0.000013–$0.0000135 image 1
Image by TradingView

On the hourly chart, the price of SHIB has broken the local resistance of $0.00001253. If bulls can hold the gained initiative and the daily bar closes nearby or above, the growth may continue to the $0.000013 area tomorrow.

SHIB May Extend Gains After Breaking Local Resistance, Could Reach $0.000013–$0.0000135 image 2
Image by TradingView

From a longer-term perspective, midterm indicators show no clear dominance by either side. SHIB remains some distance from major multi-month levels, so a period of sideways trading around $0.000012–$0.000014 is plausible if momentum fades.

SHIB May Extend Gains After Breaking Local Resistance, Could Reach $0.000013–$0.0000135 image 3
Image by TradingView

SHIB is trading at $0.00001278 at press time. This price reflects a modest intraday recovery compared with key hourly resistance levels and aligns with broader market strength reported on CoinMarketCap.

Frequently Asked Questions

What are the immediate targets for SHIB/USD?

Immediate targets for SHIB/USD are $0.000013 and a secondary target at $0.00001350, provided the daily close confirms support above $0.00001264. Otherwise, expect consolidation between $0.000012 and $0.000014.

How should traders manage risk on SHIB now?

Use tight position sizing and set stops below $0.000012 for short-term long trades. Monitor daily closes and intraday volume for confirmation. Adjust risk if price falls below the $0.000012 support area.

Key Takeaways

  • Bullish breakout: SHIB has broken hourly resistance near $0.00001253 and is testing $0.00001264.
  • Targets: Short-term upside targets are $0.000013 and $0.00001350 if daily close holds.
  • Risk management: Sideways risk between $0.000012–$0.000014; use stops and position sizing accordingly.

Conclusion

This COINOTAG analysis shows a modest short-term bullish case for SHIB price after a 1.62% 24‑hour rise and an hourly resistance break. Traders should watch the $0.00001264 daily close for confirmation and manage risk around $0.000012. For continued updates, monitor CoinMarketCap data and TradingView charts as the market evolves.

SHIB short-term technical summary Metric Value
24h change +1.62%
Current price $0.00001278
Immediate resistance $0.00001264 / $0.000013
Support $0.000012
Short-term range $0.000012–$0.000014


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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