Technical analysis reveals a breakout pattern suggesting potential continuation if resistance breaks with volume.
Shiba Inu sees a major spike in community attention, reflecting renewed retail interest and rising market buzz.
On-chain metrics indicate a bottoming phase, with many holders currently realizing losses—a common prelude to recovery.
Shiba Inu is showing signs of a potential breakout, supported by strong technical patterns, surging social engagement, and key on-chain indicators suggesting a possible bottom and renewed bullish momentum.
Technical Pattern Suggests a Bullish Continuation
Many positive signals in the market are bringing attention back to Shiba Inu (SHIB), highlighting its potential to move higher. Analysts observe that SHIB’s price is forming a bull flag on its chart, which can be a good sign for the market bulls if confirmed. This particular setup hints at a potential surge of up to 43%, assuming the pattern resolves to the upside.
https://twitter.com/CW8900/status/1926921186186875166
The bull flag, a well-known chart formation, follows a sharp upward move and is typically marked by a period of consolidation that tilts slightly downward. The structure suggests that buyers are temporarily exhausted but still in control. If SHIB breaks out above the current consolidation zone with volume confirmation, the projected upside could take it to new multi-month highs. This pattern is considered by technical analysts as a superior indicator of continuation in strong markets.
Social Metrics Reflect a Surge in Retail Interest
Market sentiment surrounding Shiba Inu has shifted notably over the past few weeks. One of the most remarkable developments is a 155% explosion in SHIB’s social volume. Social volume measures the frequency of an asset being mentioned across platforms such as Twitter, Reddit, and Telegram, and is often viewed as a leading indicator of retail interest.
Many people are suddenly talking about it, which shows a rise in both community involvement and interest in predictions. In the past, increased activity among people in crypto communities has come before major changes in prices, mainly for meme coins. Analysts raise the possibility that high interest in the market can lead to sudden sharp changes and longer-term shifts in momentum.
https://twitter.com/cryptoshibs/status/1926292179695116744
Although more chatter does not always mean a rally, the significant surge—beyond 100%, is seen as a leading sign of SHIB’s rising popularity. This trend has been described as both unparalleled and innovative in its ability to capture and concentrate retail-driven liquidity during key market cycles.
On-Chain Metrics Reveal a Potential Bottom Zone
On-chain indicators further support the case for a possible trend reversal. One notable signal is the behavior of the network’s Realized Profit/Loss ratio (PnL), which tracks the profitability of coins being moved on the blockchain. According to recent data, SHIB's Realized PnL has dipped into historically low zones, often associated with market bottoms.
The metric currently suggests that more investors are realizing losses than gains—typically a sign of capitulation. Such behavior has previously aligned with the beginning of new accumulation phases in the market. When this data aligns with price consolidation and technical setups like the bull flag, it can create a compelling case for a potential recovery.
Analysts view this metric as a revolutionary tool in identifying undervalued conditions within speculative assets. Its current reading for SHIB, combined with rising social volume and technical strength, creates a profitable risk-reward environment for those watching from a structural perspective.
