SHIB’s Bullish Surge: Analysts Eye $0.000081 as Next Target Amid Strong Accumulation

Shiba Inu (SHIB) has captured market attention with a remarkable 33% price surge in May, breaking key resistance levels and signaling a potential bullish reversal. With strong accumulation patterns and technical indicators pointing upward, traders are now eyeing $0.000081 as the next major target for the meme coin.

Shiba Inu Price Targets $0.000081 Following Bullish Reversal

Shiba Inu’s price surged 33% in May, breaking through the $0.00001575 resistance level and confirming a bullish reversal above the 38.2% Fibonacci retracement. The meme coin’s rally has reignited trader interest, with technical indicators suggesting potential upward momentum toward $0.000081.

Over 516 trillion SHIB tokens were acquired between $0.000016 and $0.000019, creating a significant resistance zone held by 116,000 addresses. Derivatives data shows a 19% increase in open interest to $249 million, though daily trading volume dipped 25% to $311 million—a signal of fresh positioning rather than speculative churn.

The breakout follows months of sideways movement, with on-chain activity and derivatives flows now aligning for a potential continuation pattern. Market participants are monitoring whether SHIB can sustain momentum above key support levels to validate the bullish thesis.

Shiba Inu Price Prediction: Is SHIB Quietly Preparing to Explode Next?

Shiba Inu (SHIB) continues to captivate the crypto market as one of the most scrutinized meme coins. The project’s recent advancements, including the growing adoption of Shibarium and ongoing token burns, have reignited speculation about its potential. A $10,000 investment transforming into $1 million by 2030 remains a lofty but not implausible scenario.

Token burns and DeFi integrations are accelerating SHIB’s evolution, yet investors are increasingly exploring alternatives. Projects like Dawgz AI are emerging as contenders for the next breakout crypto asset.

Shiba Inu’s historical performance, including its peak valuation surpassing $9 billion, underscores its volatile yet high-reward nature. The coin’s future hinges on its ability to sustain momentum amid fierce competition and shifting market dynamics.

Shiba Inu Burn Rate Soars 6500%— Is SHIB’s 100% Rally Next?

Shiba Inu’s burn rate skyrocketed 6,519% within 24 hours, igniting speculative interest as the memecoin tests a critical resistance level. SHIB briefly touched $0.00001577 before retracing to $0.00001523, reflecting a 3.36% pullback from the daily high. The failed breakout attempt underscores persistent selling pressure at the descending trendline that has constrained prices since November 2023.

On-chain data reveals 28.2 million tokens burned during the surge, marking a dramatic reversal from prior week’s decline. This combustion spike coincides with a 20% weekly price appreciation, suggesting renewed capital inflows into the dog-themed asset. Technical analysts posit a 105% upside potential if current support levels hold, though the market remains wary of meme coin volatility.

Shiba Inu Price Prediction: The Next Unexpected Crypto Rocket?

Shiba Inu’s price trajectory has become a focal point for crypto speculators, with particular attention on its potential breakout in 2025. Market dynamics are shifting, and emerging innovations like Dawgz AI are adding layers of unpredictability to the landscape.

Analysts from Changelly project a volatile short-term outlook for SHIB, forecasting a steady decline over the next 30 days. The coin’s long-term prospects, however, remain a subject of intense debate among enthusiasts and traders alike.