Can $SHIB Hit a New ATH Soon? Here’s What Top Analysts Say + What I Think

Latest research published over the past two days has put $SHIB under the spotlight. Analysts at FXStreet pointed out that if price falls below 0.00001244, the next target could be 0.0000116. Others, including research shared on Mitrade/NewsBTC, suggested that 0.000010 is the real line in the sand — the support level that could decide whether SHIB holds steady or breaks down further. These levels matter because right now SHIB is trading right above them, hovering around the 0.000012 area.

Looking at the 1D chart myself, I see SHIB struggling under the short-term EMAs while volume continues to thin out. That usually signals uncertainty more than strong conviction. The last time SHIB bounced from 0.00001004, it quickly shot above 0.000013, but it couldn’t keep that momentum alive, and sellers forced it back down. Now we’re circling the same support zone again, and the next daily close feels like it will decide the direction.

From my perspective, the short-term setup doesn’t scream “new ATH” yet. It feels more like SHIB is fighting to defend its floor before it can even think about a real breakout. If bulls step in and defend 0.000012, I could see another attempt toward 0.000013 and beyond. But if this support cracks, then the bearish research levels down at 0.0000116 or even 0.000010 start to look very realistic. For me, this is a patience moment — I’d rather let the chart confirm the next move before making any bold calls.