#ShibaInu (SHIB) maintains bullish breakout above long-term resistance, with technical indicators supporting continued upside potential.
#Shiba Inu (SHIB) has entered a new technical phase in 2025, successfully breaking above a multi-year downtrend that persisted from early 2023 through mid-2025. This breakout marks a significant shift in market dynamics, with analysts reaffirming a long-term target of $0.000081 — a level that represents a potential 500% gain from current price levels.
As of the latest market data,
$SHIB is trading at $0.00001339, reflecting a 1.84% daily increase. The market capitalization has risen in parallel to $7.89 billion, underscoring steady investor interest. However, daily trading volume declined sharply by 51.78% to $195.4 million, resulting in a volume-to-market cap ratio of 2.48%. Despite this reduction in activity, price action remains structurally sound, with SHIB forming higher lows and consolidating above key support.
Technical Structure Confirms Bullish Breakout
The recent breakout follows a prolonged descending trendline that originated in early 2023. Over time, SHIB formed a rounded bottom — a classic reversal pattern — which culminated in a clean breakout and subsequent successful retest of the former resistance zone, now acting as solid support. This retest coincided with a hidden bullish divergence, signaling underlying strength during the early stages of the reversal.
Since then, the price has steadily built a series of higher lows, reinforcing the new support structure and reflecting sustained buying pressure. The resilience of this structure through various market tests in 2025 suggests a firm base for future price appreciation.
Analysts Maintain Bullish Outlook
In late June 2025, market analyst Javon Marks reiterated his bullish outlook for SHIB, maintaining the initial breakout target of $0.000081. This target, unchanged since the breakout confirmation, implies a significant upside potential exceeding 500% from current levels. Marks also noted the potential for extended gains beyond $0.000081, projecting a subsequent target of $0.0001553 — a 609% increase from the breakout zone.
Marks emphasized that the post-breakout structure supports a sustained rally, and that the price’s ability to hold above prior resistance strengthens the case for continued bullish momentum.
Price Action and Market Behavior
Despite a notable decrease in trading volume, intraday price action has remained volatile and constructive. Early-session losses were followed by a strong recovery, with SHIB forming higher intraday lows and closing near session highs — a sign of ongoing buyer dominance. This behavior suggests strong holding patterns among investors and a willingness to defend key support levels.
Currently, SHIB is consolidating just above the breakout zone, continuing to build upward structure. The consistent formation of higher lows amid reduced participation points to a market that is not only stable but potentially preparing for the next leg higher.
Conclusion
Shiba Inu’s breakout from its multi-year downtrend represents a major technical milestone. With a firm support base now in place and analysts maintaining ambitious upside targets, SHIB appears positioned for continued growth through the second half of 2025. While reduced trading volume suggests caution among some participants, the prevailing price structure supports a bullish outlook as long as key support levels remain intact.