Shiba Inu (SHIB) has shown fresh signs of life this week, and traders are watching closely to see if this meme coin might be ready for a stronger move.
Let’s break down both the technical and fundamental signals shaping SHIB’s path from today to next Saturday (July 19, 2025).
🔍 Technical Analysis
Price movement: SHIB is currently hovering around $0.0000133, showing signs of stability after a strong move earlier in the week.
Resistance ahead: The key resistance zone lies between $0.0000125 and $0.0000145. SHIB needs to close above this area on higher volume to confirm a true breakout.
Trendline breakout: After months of decline, SHIB has broken above a long-term descending trendline, which could open the door for upward momentum.
Momentum indicators: Daily technical indicators are showing buy signals, though the weekly chart remains neutral. Some short-term charts also suggest SHIB may be slightly overbought, so a brief consolidation is possible.
If SHIB can maintain its position above $0.0000125, there’s potential for a climb toward $0.000016–$0.000017 in the coming days.
🧠 Fundamental Update
Whale activity: Large wallets have accumulated hundreds of millions of SHIB in the past week. This kind of accumulation often indicates growing confidence from institutional or high-net-worth investors.
Token burn updates: SHIB’s ongoing token burns are gradually reducing supply, supporting a long-term bullish outlook.
Community engagement: The SHIB community remains one of the most active in the crypto space, and recent price action has reignited interest.
Market environment: Bitcoin’s strength near all-time highs is lifting the altcoin market, giving meme coins like SHIB a chance to ride the wave.
(Weekly Forecast)
Day Market Outlook.
Saturday, Sunday-Sideways movement expected. Testing support around $0.000013.
Monday–Wednesday Watch for a potential breakout above $0.000014. Volume will be key.
If bullish momentum holds, SHIB may push toward $0.000016–$0.000017. Otherwise, expect consolidation or minor corrections.
> Summary
SHIB is showing a mix of technical breakout signs and strong whale accumulation.
If it holds above the current resistance, a short-term rally may be possible.
As always, volatility remains high, and risk management is essential.
Keep an eye on price action around the $0.000014 zone, and watch Bitcoin’s movement it often sets the tone for meme coins like SHIB.
