Shiba Inu’s Bollinger Bands tighten, signaling a high-volatility breakout approaching.
SHIB rebounds after 14% drop, showing strong support near $0.00001200.
Surging volume and steady accumulation hint at institutional interest and upward momentum.
Shiba Inu's SHIB might be preparing for a significant ascent. The meme coin's Bollinger Bands have contracted to their tightest level since February 2024, signaling a rare moment of silence before a potential breakout. For traders, this kind of compression doesn’t last long. Volatility is sleeping for now, but the charts are pulsing with tension. SHIB has been grinding, consolidating, and slowly building pressure like a storm waiting to snap. If history is any guide, a sharp move could arrive sooner than expected.
https://twitter.com/VishalSahu21/status/1953132555160699075?t=KMqNcnbLqypkVFTnOfg2DA&s=19 SHIB Holds Steady After Sharp Weekly Fall
SHIB has experienced a rough week, falling nearly 14% to a low of $0.00001160. That marked the largest single-week decline since early March. Yet, instead of collapsing further, SHIB rebounded. The token quickly found footing above $0.00001200 and has remained stable. That kind of resilience, especially after such a sharp drop, speaks volumes. Buyers didn't panic. Instead, they saw value and stepped in, soaking up the dip with quiet determination. In the past 24 hours alone as of writing, SHIB flashed signs of life.
The token traded in a volatile range of $0.000011913 to $0.000012217. That’s a 25.4% swing packed into a tight 23-hour window. The technicals reinforce this steady tone. Bollinger Bands, which measure price volatility, have now contracted more than they have in six months. These bands wrap around a moving average and tighten when price movement calms. When the squeeze becomes this extreme, it often signals a powerful move is coming. Traders know these setups. They’re like a coiled spring—quiet but packed with potential energy.
Bulls Wake Up as Volume Spikes
During the final hour of that session, SHIB gained 0.62%, pushing from $0.000012123 to $0.000012198. That move may seem modest on the surface, but the behavior behind it matters more. Volume surged past 19 billion tokens during key moments of that rebound. The biggest buying spike came around 11:07, when SHIB briefly touched $0.000012125 before surging higher.
That kind of volume doesn’t come from casual traders. It suggests big players are loading up, perhaps positioning for what’s next. Institutional footprints are usually subtle—but this wasn’t one of those times. Their presence was loud and clear, especially around key psychological levels where retail often hesitates.
With Bollinger Bands compressing and accumulation patterns forming, SHIB finds itself on the edge of something larger. Volatility has gone quiet, but momentum keeps building underneath. The charts are calm, but the market feels heavy with anticipation. A breakout could push prices far beyond the current range—and if bulls stay active, the move might come fast.
