📅 17 June 2025 | Written by Crypto Analyst Noob to Pro Trader
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Introduction:
The crypto market is heating up again, and among the most-watched meme coins, Shiba Inu (SHIB) is stealing the spotlight. Despite its recent dip to $0.00001175 (-3.76%), SHIB may be on the edge of a powerful move that could change everything. Analysts are now eyeing a possible 62% breakout rally, driven by a powerful bullish symmetrical triangle pattern forming on the charts. But is this rally guaranteed? Let’s break it all down.
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🔺 Symmetrical Triangle Pattern – What It Means for SHIB
A symmetrical triangle is a technical pattern that usually signals consolidation before a big breakout. This pattern forms when price action narrows, creating lower highs and higher lows, showing a battle between buyers and sellers.
For SHIB, this triangle is nearing its apex, meaning the decision point is close. The upper boundary (resistance) of this triangle is key. If SHIB breaks above this resistance, we could see a strong rally up to $0.0000205, marking a potential gain of 62% from the breakout level.
But let’s be real: this bullish breakout will only happen if SHIB clears some major technical hurdles.
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📈 Critical Resistance Levels SHIB Must Overcome
Before SHIB can go moon-bound, it must overcome the following resistance levels:
$0.0000126 – The immediate ceiling blocking upward movement. A daily close above this is crucial for confirming the breakout.
$0.0000137 – The 50-day Simple Moving Average (SMA), which could act as a resistance wall. SHIB needs to close above it to gain bullish momentum.
$0.0000168 – The 200-day SMA. Flipping this level from resistance to support is the golden signal bulls are waiting for.
Once these zones are conquered, the $0.0000205 price target becomes realistic.
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📊 RSI Showing Bearish Momentum – But a Bullish Twist Ahead?
The Relative Strength Index (RSI) currently sits at 37, suggesting bearish pressure is still present. However, RSI is also approaching the oversold zone (below 30).
Here’s why that matters:
A falling RSI doesn't always mean weakness—it can also signal that sellers are running out of steam.
Once RSI hits oversold territory, a reversal is often near, as buying interest typically returns.
So while RSI is showing some weakness now, it could be the calm before the bullish storm.
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🧠 What Traders and Investors Should Watch Next
If you’re trading or holding SHIB, here are the key takeaways:
✅ Watch the $0.0000126 breakout level like a hawk. A breakout here may trigger FOMO and strong buy volume.
✅ Confirmation comes above $0.0000137 (50-day SMA). This is your signal to watch closely for momentum.
✅ Full bullish confirmation above $0.0000168 (200-day SMA).
✅ RSI dropping further could create a prime buying opportunity for swing traders.
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🐕 Why SHIB Still Has Firepower
SHIB remains one of the most community-driven meme coins in the world. With its ecosystem expanding (Shibarium, SHIB Metaverse, and ongoing burns), this coin still has long-term narrative strength.
If broader market sentiment turns bullish—especially with Bitcoin and Ethereum showing strength—SHIB could ride the wave of renewed meme coin mania.
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📌 Final Thoughts: Is SHIB the Next Big Move?
While nothing is guaranteed in crypto, the technical setup for Shiba Inu is aligning for a potential 62% rally. But remember: it's all about levels. Until SHIB clears $0.0000126 and builds strength above the key SMAs, buyers should remain cautious.
The pattern is there. The community is watching. The market is waiting.
Could SHIB be about to bark louder than ever before?
Follow @Noob to Pro Trader for more technical breakdowns, trade setups, and meme coin alerts!
