- Shiba Inu trades near 0.000014 support forming a base that analysts say could prepare for a breakout move soon.
- The chart shows three supply zones between 0.000030 and 0.000090 that may guide the next recovery phase.
- Analysts believe accumulation could continue into 2025 before SHIB targets higher resistance near 0.000045.
Shiba Inu (SHIB) appears to be entering a critical accumulation phase that traders describe as the “calm before the storm.” The weekly chart shows SHIB consolidating near the 0.00001401 USD level, forming a long-term base after multiple rejections from descending resistance since 2021. Analysts note that a clear breakout from this structure could trigger a significant upward move toward previous supply zones.
According to data shared by Crypto SHIB, the chart outlines three major resistance levels between 0.00003000 and 0.00009000 USD, aligning with the 2021 all-time high (ATH) region. The pattern suggests that SHIB has been trapped under a multi-year descending trendline but may soon test higher levels as market momentum builds.
The coin’s current formation resembles a bottoming accumulation structure, historically observed before large-scale rallies. Analysts point to the tightening price range and declining volatility as signals of compression within the accumulation zone. Once a breakout occurs, volume expansion is typically expected to confirm a shift in sentiment.
Chart Structure and Supply Zones Indicate Long-Term Setup
The chart identifies three major supply zones — the 2021 ATH supply zone near 0.00009000 USD, an intermediate zone near 0.00004500, and a lower zone near 0.00003000. These zones represent levels where strong selling pressure previously halted upward momentum. For SHIB to sustain a long-term rally, price movement must establish support above each zone sequentially.
A clear downtrend line drawn from the 2021 peak shows consistent rejection points through 2022, 2023, and 2025, highlighting the resistance structure that has confined SHIB’s progress. However, the latest weekly candles show signs of base formation, indicating potential buyer accumulation.
Historical data reveals that previous accumulation periods for SHIB have often preceded multi-fold increases in price. The pattern displayed now mirrors earlier consolidation ranges observed before its 2021 breakout, which saw SHIB surge by over 1,000% within weeks.
While current trading remains subdued, the underlying setup implies possible reaccumulation before a larger cycle expansion. Volume patterns on the chart show steady inflows during consolidation, hinting at quiet buying activity. Such accumulation behavior often precedes heightened volatility as demand begins to outweigh supply.
Community Anticipates Burn Acceleration and Market Reentry
Community discussions around SHIB have turned toward addressing the token supply issue, with over 500 trillion tokens still in circulation. One community member suggested that “we need to burn trillions of Shiba Inu, otherwise we won’t reach 0.01 USD.” The post noted that, despite a decade of existence, SHIB has not achieved consistent burns exceeding 1 trillion per month.
This sentiment aligns with the broader view that Shiba Inu’s long-term trajectory depends on both market conditions and deflationary progress. The current accumulation range, marked between 0.00001000 and 0.00001500 USD, may serve as the foundation for future upward momentum if circulating supply gradually reduces.
The chart from EtherNasyonL highlights how SHIB could ascend through layered resistance once a confirmed breakout above the accumulation zone occurs. The projected trajectory suggests a steady climb through 2025 and 2026, potentially targeting the 0.00004500 region before facing stronger resistance near 0.00009000 USD.
As price continues to coil within the base zone, the main question remains: Can Shiba Inu sustain accumulation long enough to reclaim its 2021 ATH supply zone?
