Shiba Inu (SHIB) — Latest Update (August 14, 2025)
Market Data
Current Price: ≈ $0.00001411, up +1.36% in 24 h
7-Day Change: +3.6% (from $0.00001392 to $0.00001411)
Market Cap: ~$8.3 billion
24h Volume: ~$354 million
Key Technical Insights
Burn & Whale Surge: Burn rate surged by 83,891% (~85.8 million SHIB burnt), triggering a ~5% price jump . Whale activity spiked, signaling institutional accumulation.
Bullish Patterns:
Double-bottom shape with resistance at ~$0.0000159 suggests upside potential toward $0.0000254 (+80%) .
Falling wedge breakout forming on 3-day charts indicates possible multi-month highs .
Technical Sentiment: Neutral to bullish – CoinCodex shows ~76% bullish vs 24% bearish indicators .
Trade Tip (Not Financial Advice)
Buy zone: $0.0000139–$0.0000140
Stop-loss: $0.0000135
Target: $0.0000159 (breakout), then potential for $0.0000254
Binance Square–Styled Post
🐶 Shiba Inu (SHIB) — Bullish Setup in Progress
Price: ~$0.00001411 (+1.36% 24h)
Market Cap: ~$8.3 B
Volume (24h): ~$354 M
My Take:
SHIB has received a massive burn and whale accumulation—evident in the 83,891% burn spike—resulting in a 5% daily rally. A bullish double-bottom and falling-wedge chart pattern suggest a breakout toward $0.0000159, with upside possibility to $0.0000254.
Trade Insight (Not Financial Advice):
Entry: ~$0.0000139–$0.0000140
Stop-loss: ~$0.0000135
Target: $0.0000159 → $0.0000254
What’s your forecast?
Will SHIB break $0.0000159 this week? Drop your prediction below! 👇
#Write2Earn #SHIB #ShibaInu #CryptoUpdate #BinanceSquare #MemeCoinMomentum #TechnicalAnalysis