Shiba Inu (SHIB) Surges 26% in a Week: Is January Priming for a $0.000010 Breakout?

Shiba Inu rockets past meme coin expectations with a staggering weekly gain. The dog-themed token isn't just barking—it's biting into the market with serious momentum.

The Anatomy of a Meme Rally

Forget gradual climbs. This asset operates on a different volatility curve, where sentiment shifts can trigger double-digit moves before your morning coffee cools. The recent pump follows a familiar crypto script: dormant chatter reignites, social volume spikes, and price action follows the noise.

Decoding the $0.000010 Threshold

That specific price point isn't arbitrary. It represents a key psychological and technical resistance level—a round number that, if shattered, could invite a fresh wave of speculative capital. Breaking it requires sustained buy-side pressure, something notoriously fickle in the meme sector.

The January Effect: Real Trend or Wishful Thinking?

Seasonality in crypto remains a debated pseudo-science, often conflating correlation with causation. Yet, historical liquidity patterns and renewed investor focus post-holidays can't be entirely dismissed—even for assets whose fundamentals are, let's say, community-driven.

The path ahead hinges on whether this is a coordinated pump or the start of a broader risk-on rotation into altcoins. One thing's certain: in a market where 'fundamental analysis' sometimes means counting Twitter followers, predicting the next move is part math, part madness. Watch the charts, but maybe keep a leash on those expectations.

Momentum Shifts Bullish

According to TradingView, the daily price chart of SHIB has shown bullish momentum as evidenced by the recent jump in price that occurred after bouncing off the December low NEAR $0.0000070, in addition to breaking a resistance level of approximately $0.0000086.

The prior supply level of $0.0000086 was identified as a key horizontal resistance level, and now that level has become a support zone since SHIB has gained more control back from sellers. The Relative Strength Index (RSI) has risen back into the upper 60s, which indicates that momentum has increased, although it does not currently represent a high level of excess buying activity.

Even though the recent price developments have increased the positive outlook towards shiba inu on a short-term basis, the price is trading below the 200-day SMA (simple moving average) on the daily chart.

Therefore, while the price action appears to be more bullish in the immediate future, the overall long-term trend remains cautious until we see price close above $0.0000095-$0.000010

Community Sentiment Reinforces the Bullish Breakout

A recent update on X , by a prominent member of the Shiba Inu community (Lucie), indicating a 26% weekly increase is further evidence of this return in price. Lucie’s tweet stated, “Down. Never Dead.”

This implies her belief that the Shiba Inu coin will always recover from a downturn based on its past performance following extended periods of price declines.

While a single tweet by a community member may not indicate a complete confirmation of a rally, it is often used to reinforce the possibility of a bullish narrative during a breakout.

SHIB 🫀♥️

– up over 26 percent in 7 days.

Down.
Never dead. 🐕 pic.twitter.com/OmwL2uRKMY

In conclusion, SHIB began this January positively, taking the necessary steps to build support and encourage momentum among buyers for the foreseeable future, as long as they remain above the previous high that had been re-established.

If this is true, a test of the price level of $0.000010 appears likely. However, failing to hold on to price levels now will create further consolidation before the potential for greater price movement is achieved.