Shiba Inu Targets $0.00001000 Milestone as Bullish Momentum Reignites

Shiba Inu isn't just barking up the wrong tree—it's got a clear price target in its sights as market sentiment flips bullish again.

The Meme Coin Momentum Returns

Buying pressure is flooding back into the ecosystem, pushing SHIB toward a psychological threshold that traders have been watching for months. The move signals a potential breakout from recent consolidation, with the $0.00001000 level acting as the next major resistance zone. It's the kind of rally that makes traditional finance veterans clutch their pearls—and their spreadsheets.

Technical Tailwinds Build

On-chain metrics and exchange flow data suggest accumulation is accelerating. Whale wallets are loading up, while retail interest spikes across social platforms. The volume surge isn't just noise; it's fueling a genuine test of higher price levels. Forget 'fundamentals'—this is pure market mechanics and sentiment at work, proving once again that in crypto, the crowd's narrative often outweighs the textbook valuation.

A Threshold with Teeth

Breaking past $0.00001000 isn't just about a number—it's about shifting the entire trading range and setting up for the next leg. Historical liquidity pools around this zone mean volatility is almost guaranteed. Traders are positioning for a potential squeeze, while skeptics wait for the classic 'buy the rumor, sell the news' playbook to unfold. After all, what's a meme coin rally without a little reckless optimism and a side of cynical profit-taking?

So keep an eye on that chart. When a dog-themed asset starts eyeing serious decimal places, you know the market's either genius or delirious—and frankly, the line between those has always been blurry.

SHIB Breakout Shows Trend Shift

The technical analysis provided by Gain Muse shows that SHIB has risen over its compression zone. It usually takes this form when volatility diminishes after long-term declines. The occurrence of a breakout of compression is often an indicator that a directional movement has already started.

According to Gain Muse, SHIB has regained its short-term market structure. The price has now moved above levels that previously resisted upward moves. The trend indicates new buyer interest.

Since the breakout, SHIB has been displaying cleaner price action. More often, higher lows are being observed, implying that buyers are hedging against retreats. This trend favors the argument of a long-term recovery and not a short-term one.  

Source: X

SHIB Momentum Returns  

The trend-strength indicators have also become supportive. The directional momentum is increasing with the Average Directional Index (ADX), which has increased sharply.

SHIB is also trading NEAR its short-term exponential moving averages. On the lower timeframes, the value has gone past the 20 and 50 EMAs. These levels are now dynamic support areas.

Meanwhile, the long-term exponential moving averages (EMAs) are not at the current levels. The 100 and the 200-period EMAs may act as a decelerating factor to the rally if the upward momentum drops. A clear positive break WOULD offer extra support to the bullishness.  

ADX and EMA. Source: TradingView

SHIB Selling Pressure Drops  

The Fibonacci extension sets the $0.00001000 as a prime upside target. This region coincides with areas of resistance during the previous stages of consolidation.

The recovery is also backed by the relative strength index. RSI has shifted back to neutral after it traded around the oversold point for many weeks. This indicates that the pressure to sell has dropped off, but the token has still not entered overbought regions.

A neutral RSI leaves room for further upside if demand persists. It also reduces the risk of immediate profit-taking from momentum traders.

Fib. and RSI. Source: TradingView

What Comes Next for SHIB

Meme coins have attained stable market conditions. Risk appetite is slowly coming back to high-beta crypto assets, and it appears Shiba Inu is getting the added advantage from this movement.  

However, this is yet to be confirmed. The token must maintain its price above the re-established reclines. This might trigger a new consolidation phase if these levels are not held.