Shiba Inu Completes Bullish Setup: Why A 138% Surge Could Be Imminent

Shiba Inu just triggered its most bullish technical pattern in months—setting the stage for a potential explosive move.

The Setup Everyone's Watching

Pattern completion signals massive momentum shift. Traders spot textbook breakout formation after weeks of consolidation. No fancy indicators needed—just pure price action doing the talking.

Why 138% Matters

Historical data suggests this specific configuration previously preceded major rallies. The number isn't random—it aligns perfectly with Fibonacci extension levels and previous resistance zones. Market cycles repeat until they don't—another classic case of traders chasing patterns that worked exactly once in 2021.

Market Mechanics In Play

Liquidity pools align with technical targets. Short positions look increasingly vulnerable as momentum builds. Retail FOMO hasn't even kicked in yet—wait until mainstream media picks this up.

Remember—in crypto, patterns either print life-changing gains or become textbook examples of why technical analysis is just astrology for finance bros.

Shiba Inu’s Bullish Setup Hints At 138% Rally

In an X post, Marks said that Shiba Inu’s setup is still hinting at a rally of over 138%, which would send the SHIB price back to around $0.000032. He added that it is only a matter of time for this move to materialize as a bull signal holds confirmed, hinting at this move for the top meme coin. 

Before now, Marks had highlighted a divergence confirmation for Shiba Inu, which led to his prediction that a bullish reversal could still be in the cards for the meme coin. SHIB has underperformed up till now, with a year-to-date (YTD) loss of around 38%. However, the analyst has claimed that SHIB could still rally to as high as $0.000081, which WOULD bring it close to its current all-time high (ATH). 

The potential launch of a Shiba Inu ETF could be one of the catalysts that spark a parabolic run for the SHIB price. Marketing lead Lucie noted that SHIB has regulated futures on Coinbase, which makes it eligible for an ETF listing under the generic listing standards that the SEC just approved. 

Lucie stated that the big picture for Shiba Inu is that SHIB now joins the “ETF-watchlist club” with other futures-backed cryptos. She added that even before a SHIB-only ETF, the meme coin could be bundled into a multi-asset-backed ETF. A Shiba Inu ETF would inject new liquidity into the meme coin’s ecosystem and could spark higher prices. 

New ATH Incoming For SHIB

In an X post, crypto analyst Shib Spain declared that a new ATH is incoming for Shiba Inu. He stated that the meme coin will bounce “hard” off the support zone around $0.000013 and rally to new highs. Crypto analyst Ragnar Shib remarked that SHIB is heating up, having recorded a 19% gain in the last 90 days. 

The analyst stated that Shiba Inu remains the number one meme token on ethereum and is fully decentralized, boasting a growing ecosystem that includes the layer-2 network Shibarium, as well as DeFi and NFT products. 

Crypto analyst Investing Haven highlighted that auto burns and the Shibarium upgrades continue within the SHIB ecosystem, which has helped reduce the circulating supply. However, he warned that the risk associated with the Shiba Inu ecosystem remains high. 

He also noted that SHIB is witnessing a tactical pullback, although the bull structure is still evolving. In line with this, he advised investors to track the burn rate and fixes in the Shiba Inu ecosystem. 

At the time of writing, the shiba inu price is trading at around $0.00001325, down in the last 24 hours, according to data from CoinMarketCap.