- SHIB’s price is nearing a critical level-will it break or crash?
- Key support and resistance levels will decide Shiba Inu’s fate.
- Volatility looms as Shiba Inu approaches pivotal $0.00001307 price point.
Shiba Inu (SHIB) is on the verge of a significant price shift, with key levels forming the decisive battleground. The popular meme coin has seen its price action tighten within a symmetrical triangle pattern, signaling that a breakout or a sharp decline could happen in the near future.
SHIB is currently trading at approximately $0.00001307, where the 50-day and 100-day moving averages (EMAs) cross. This level is critical, as it represents a key area for bulls and bears to clash.
Losing this level would result in a loss to lower price ranges, possibly even returning to the so-called zero point of $0.0001000. However, if SHIB can maintain this crucial point, it could spark a rally towards higher resistance levels.
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SHIB Faces Dangerous Support and Resistance Zones
The most immediate support lies at $0.00001242, marking the lower boundary of the triangle. If SHIB reaches a level lower than this, the existing consolidation trend might be lost, which will cause it to retrace further. The breakdown would likely drive the price to the psychological support level at $0.00001000 or a psychological value of $0.00001200.
Meanwhile, SHIB faces significant resistance around $0.00001400, where the upper triangle edge intersects with the 200-day EMA. This twofold resistance has curtailed SHIB rallies several times in 2025, and it is a crucial point to observe.
A daily close above $0.00001400 would indicate a good move to the upward side that might result in a surge in prices up to the level of $0.00001600 and above.
Source: Tradingview
Volatility on the Horizon: SHIB’s Future Hangs in the Balance
As Shiba Inu’s price tightens within this pattern, market participants are bracing for volatility. The decisive movements will occur at the three key levels at $0.00001307, $0.00001242, and $0.00001400.
Whether SHIB breaks upward or downward will shape the token’s direction in the coming weeks. With the price at a critical tipping point, traders and investors are closely watching for signs of a breakout or a crash.
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