Will Shiba Inu Hit $1 in May 2025?
Shiba Inu ($SHIB ), often dubbed the “Dogecoin killer,” has consistently fueled investor hopes of reaching the elusive $1 mark. As May 2025 progresses, the token is showing subtle yet notable momentum shifts. But are these signs enough to spark a true rally—or is this another meme-fueled illusion? Let’s explore the charts and indicators to see what SHIB is truly signaling.
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Shiba Inu Price Outlook: Breakout Brewing or Resistance Wall?
$SHIB /USD Daily Chart – Source: TradingView
On the daily chart, SHIB is hovering around $0.00001310, caught in a tight range. The presence of downward Heikin Ashi candles suggests fading bullish momentum. The token is trading slightly above its 20-day Simple Moving Average (SMA) at $0.00001302, indicating a tentative grip on short-term gains.
Meanwhile, the 50-day SMA ($0.00001275) and the 100-day SMA ($0.00001400) are converging, forming a potential compression zone—a typical precursor to either a breakout or breakdown. Above, the 200-day SMA at $0.00001850 looms as a key resistance level. This tightening of SMAs resembles a triangle pattern, often followed by high volatility. With volume still subdued, traders seem to be waiting for a clear catalyst. A decisive breakout above $0.00001450 could open the door to $0.000018—a level last reached in March.
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Hourly Chart Analysis: Short-Term Recovery Underway
SHIB/USD 1-Hour Chart – Source: TradingView
Zooming in to the hourly view, SHIB recently bounced back after dipping below $0.00001300 on May 3, rebounding from $0.00001280 and reclaiming the 50-hour SMA, now at $0.00001329. However, resistance at the 100-hour SMA ($0.00001335) and 200-hour SMA ($0.00001360) is proving difficult to overcome.
Unless SHIB closes firmly above $0.00001350 on the hourly chart, this rebound may lose steam. On the downside, the $0.00001280 support level has held strong, acting as a reliable launchpad twice in the past 48 hours.
Interestingly, the Accumulation/Distribution Line (ADL) is trending upward, suggesting quiet accumulation despite the sideways movement. This divergence often hints at an upcoming bullish move.
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Momentum Watch: Is SHIB Gearing Up for a Surge?
The flattening of the ADL and the slope of the SMAs suggest SHIB is in a consolidation phase. However, this isn't necessarily negative. Sideways action following a bounce is often a sign of bulls regrouping for another push. If SHIB manages to flip the 100-day SMA ($0.00001400) into support, a quick move toward $0.000018—and potentially $0.000022—could follow if momentum strengthens.
That said, the idea of SHIB reaching $1 this May is still highly unrealistic. Achieving that would require an astronomical 7.6 million percent surge—something only possible under extreme, improbable conditions such as a global fiat collapse or the world’s central banks adopting SHIB as legal tender.
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Key SHIB Levels to Watch in May
Immediate Support: $0.00001280
Immediate Resistance: $0.00001350
Breakout Trigger: $0.00001450
Potential Target Zones: $0.000018, then $0.000022
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SHIB’s May Forecast: Patience or Profit?
Despite facing tough resistance, SHIB is holding its ground. Technicals suggest potential for a breakout, but a rise in trading volume and positive market sentiment are essential for any significant rally. While a $1 target remains far from reality, a move toward the $0.000018–$0.000022 range is possible if buyers take control.
Bottom line: SHIB may not skyrocket to the moon this month, but for active traders, it still holds promise—especially if it breaks past the $0.000014 mark.