- SHIB breaks resistance, forms consolidation, and eyes $0.000016 as the next target.
- Whale accumulation and 1.2M daily Shibarium transactions support growth.
- Oversupply and new meme coin competition weigh on SHIB’s path to $0.0001.
Shiba Inu is once again stealing attention as traders debate a possible breakout. After weeks of muted movement, price action now hints at renewed strength. Analysts highlight whale accumulation, rising Shibarium activity, and a technical setup that could fuel momentum. While challenges remain, optimism has returned to the SHIB community. The question is whether this meme-born asset can climb beyond resistance and spark a rally toward the fabled $0.0001 level.
What Are the Charts Saying?
Shiba Inu has managed to push past a descending resistance line , a move often tied to growing demand. A consolidation zone now forms above the breakout, reflecting an accumulation phase. Traders often interpret this as the calm before another surge. Analysts pinpoint $0.000016 as the next checkpoint on the journey higher. A close above the 200-day simple moving average would serve as confirmation.
Momentum has not come from charts alone. Whales are quietly stacking tokens, and on-chain data reveals a 4% rise in open interest. These signals suggest both retail and institutional players anticipate movement. Shibarium further strengthens confidence, processing over 1.2 million transactions daily. Once dismissed as a meme-only network, Shiba Inu now shows growing signs of utility.
At the same time, broader market sentiment lends support.
The Roadblocks Ahead
Despite bullish signs, SHIB faces obstacles that cannot be ignored. Token burn programs, designed to shrink supply, have not delivered lasting impact. Over 410 trillion tokens have vanished since 2021, yet nearly 589 trillion still circulate. Burn spikes, even surges of 1,600% in a day, feel more symbolic than transformative. Competition adds another layer of pressure.
Fresh meme tokens like Pepenode grab attention以产品创新和社区运营吸引投资者。这些新项目分散了人气，给SHIB带来了更多竞争压力。Shiba Inu如今更加依靠项目自身的实际应用场景与生态发展，市场参与者观点不一。一部分人看好其技术形态和头部玩家关注度带来新的上行趋势。
Others stress the weight of supply and fierce competition. A close above the 200-day SMA could inspire confidence, possibly carrying SHIB toward $0.000025. From there, believers may dare to dream of $0.0001. Yet without conviction, the token risks sliding back into another consolidation cycle. Shiba Inu stands at a crossroads, balancing promise against pressure.
A sustained breakout could mark the start of a long-awaited climb. Whale activity, Shibarium growth, and supportive charts build a strong case for optimism. Still, supply hurdles and rising rivals challenge that vision. For now, traders must watch closely. The coming sessions may decide whether SHIB finally marches toward $0.0001 or settles back into patience-testing silence.
