Shiba Inu Triangle Breakout Eyes 27% Surge to $0.0000159—Analysts Bullish

Shiba Inu breaks from consolidation pattern as technicals signal major momentum shift.

Targets Set: The meme coin's symmetrical triangle formation suggests a 27% upward trajectory if current support holds. Traders watch the $0.0000159 level as next major resistance.

Market Sentiment: Retail interest surges while institutional players remain skeptical—because nothing says 'sound investment' like dog-themed digital assets outperforming traditional markets.

Volume Confirmation: Breakout requires sustained volume above 30-day average to validate the pattern. Current price action suggests whales are accumulating positions.

Risk Factors: Remember—what goes up 27% can drop 50% faster than you can say 'to the moon'. Always DYOR before chasing pumps.

Shiba Inu Imminent Breakout/Carl Moon Specifically, he predicted a rally to retest July’s peak price of $0.0000159, marking a 27% rally from the current market price of $0.00001251. Meanwhile, the accompanying chart suggests a retest of the support at $0.0000100 before a 59% jump from the area. Nonetheless, this could be only part of a broader bullish development for Shiba Inu, as analysts eye higher prices. For context, market commentator Javon Marks highlighted a confirmed bullish divergence on the 6-day timeframe, which could take prices towards the $0.000081 region. The Shiba Inu ecosystem team also predicted that a price rally past $0.00008845 is on the cards, assuring enthusiasts that SHIB will surpass its 2021 peak price and current all-time high in the near term. Marketing lead Lucie recently shared this, insisting that price is temporary, but adoption is forever.