- SHIB forms three accumulation zones and traders expect a strong rally once resistance levels break on the chart pattern.
- The price near $0.00001234 shows market stability that may trigger a parabolic move similar to its past bullish cycles.
- Traders focus on $0.00001500 as the next breakout target where SHIB could begin its next significant upward momentum.
Shiba Inu’s latest four-hour chart on Binance shows a clear accumulation structure, signaling the potential start of a strong upside phase. The price currently trades around $0.00001234, holding near critical support as investors anticipate a sharp rebound.
The chart, shared by Shib Spain, outlines a pattern where previous consolidation zones have triggered rapid price increases. The visual includes three highlighted boxes that mark each accumulation phase, with the latest one showing potential exhaustion of selling pressure.
According to the post, “The next move won’t just be big. It’ll be parabolic.” This statement, coupled with the technical setup, has fueled strong optimism among SHIB holders. The blue projection arrow on the chart indicates a possible breakout rally, targeting a move that could exceed prior highs.
The setup mirrors earlier patterns that preceded steep climbs in SHIB’s history. When the token formed similar structures in the past, it gained momentum quickly, pushing beyond short-term resistance. The technical behavior now appears to align with those previous rallies, pointing toward the potential for another upward cycle.
Accumulation Zones Point Toward Bullish Continuation
The highlighted chart regions indicate what traders refer to as “accumulation boxes,” zones where buyers predominate before a breakout. In SHIB’s current case, the pattern forms after a prolonged decline, suggesting possible trend reversal conditions.
The first accumulation phase on the chart shows SHIB stabilizing after a sharp fall, followed by a steady climb. The second phase replicates the same pattern, signaling consistent buyer interest. The third and latest box sits near $0.00001200, representing another compression zone before a potential rally.
Each consolidation period appears to be shorter than the previous one, which could imply a strengthening of bullish sentiment. As the price narrows into tighter ranges, market volatility often spikes, fueling large-scale breakouts. Technical traders often identify these phases as signals of renewed strength, particularly when accompanied by volume increases.
The price action shown suggests a cyclical buildup. If the next move replicates earlier gains, SHIB may revisit price levels last seen during its peak momentum period. The upward arrow drawn on the chart projects a parabolic advance that could lift SHIB above $0.00001500 in the near term.
Market watchers interpret the pattern as a psychological transition phase where accumulation gradually overtakes distribution. Such conditions typically precede bullish trend formations, with minor dips attracting new buyers instead of triggering mass selling.
Traders Anticipate a Parabolic Breakout
On social media, SHIB Spain’s post has sparked active engagement among traders. The tweet gathered over 10,000 views, with many responses echoing confidence in a major breakout. Some users described the setup as “accurate,” while others signaled readiness for a potential new all-time high.
This community sentiment reflects the growing anticipation surrounding SHIB’s technical setup. The blue arrow pointing sharply upward reinforces that outlook, illustrating a possible price jump once SHIB exits its final accumulation zone.
Historically, SHIB has delivered strong momentum following similar formations. During previous rallies, rapid price swings were often preceded by low-volatility zones, much like the one currently observed.
Despite short-term resistance levels, optimism remains high as the token consolidates within its identified range. The presence of multiple accumulation boxes indicates that traders are treating these price areas as strategic entry points rather than exit zones.
SHIB now trades around $0.00001234, up 0.08% within the current four-hour session. The chart’s bullish framework shows no immediate sign of weakness. Instead, it suggests that the asset may be preparing for a significant directional shift once breakout confirmation occurs.
If the pattern holds true, a strong continuation could form the foundation for SHIB’s next major cycle. The parabolic projection, as seen in the visual, aligns with the community’s bullish expectations and highlights the renewed confidence across SHIB markets.
