Shiba Inu Coils Into Tight Triangle—Traders Brace for 17% Explosive Move
Shiba Inu’s price action has tightened into a textbook symmetrical triangle—a classic volatility spring-loading pattern. The meme coin’s 17% implied breakout magnitude has degenerate gamblers and algorithmic traders alike salivating.
Will SHIB defy its canine roots and actually hunt gains? Or will this turn into another ’buy the rumor, sell the news’ circus? Either way, leverage traders are already positioning for the inevitable fireworks—because nothing says ’sound investment strategy’ like betting your rent money on a dog-themed crypto.
- Shiba Inu is compressing within a descending triangle and could see a 17% breakout.
- Price is holding at $0.0000143 with strong demand between $0.0000139 and $0.0000144.
- RSI sits at 46.92 and analysts are targeting a move toward $0.0000159 with 11% upside.
Shiba Inu is showing signs of compression within a descending triangle formation, setting the stage for a potential price jolt. Ali Martinez, a market analyst, posted on X that the token is tightening inside this triangle on the 4-hour chart.
Martinez believes the memecoin is poised for a 17% price shift once it breaks out of the structure. However, the direction of that move—up or down—is still uncertain. Descending triangles usually continue existing bearish trends, but there have been times when they flip and break upward.
Right now, the token’s price floats NEAR the middle of this setup. The triangle’s range is narrowing, and a breakout is likely approaching. Price direction hinges on whether it tests the upper resistance or lower support line next. As consolidation continues, pressure builds.
Shiba Inu Stabilizes Near Demand Zone
Meanwhile, another analysis from SwallowAcademy shows that shiba inu is stabilizing above a demand zone between $0.0000139 and $0.0000144. The price, now at $0.0000143, hovers near the zone’s top, suggesting some control by buyers. This same price range has sparked several rebounds in the past.
On May 17, SHIB bounced from $0.0000139 and hit $0.0000153 by the next day. Another test followed on May 19 when the price dropped to $0.0000138 but jumped again to reach $0.0000160 by May 23. After dipping once more, it landed at $0.0000139 on May 25 and has since traded sideways, facing resistance near the upper edge of the zone.
This range has served as a launchpad before. Buyers defending this line may be laying the groundwork for another rally. But the price still struggles to break above nearby resistance, so for now, SHIB remains boxed in.
EMA and RSI Align Bullish
SwallowAcademy highlighted key signals to support their view. The 50-period Exponential Moving Average (EMA) currently sits at $0.000014266, while the 200-period EMA is higher at $0.000014561. Shiba Inu is trading just under the shorter-term EMA but remains near the longer one. A move above these levels could suggest a shift toward strength.
The Relative Strength Index (RSI), sitting at 46.92. It rests just below the neutral 50 mark, showing that the token is neither being aggressively bought nor sold. This calm zone often signals accumulation—where investors are quietly loading up before a move.
SwallowAcademy sees this as a window for a price rise between 10% and 20% from current levels. They’ve set their eyes on $0.0000159 as the next possible target, a level last seen on May 23. From the current price of $0.00001443, reaching that WOULD mean a gain of over 11%.
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