Shiba Inu’s (SHIB) had a bumpy road so far in 2026, rattling along with the broader crypto & stock markets with geopolitical shenanigans. Now, the mainstream canine coin was met with severe rejection at $0.00000815, with some analysts hardly believing SHIB is back at the yearly low demand zone.
Shiba Inu’s Next Bounce To Fetch These 5 Targets?
According to Crypto Jobs, a technical analyst who’s been in the space since 2018, there’s a classic bullish falling wedge establishing itself with the $0.00000600 area acting as main support. As long as that holds, the setup is clear for a test of 5 Shiba Inu (SHIB) price targets, highlighted in the analyst’s tweet.
For SHIB crypto custodians, the first price level to watch is $0.00001385, unclaimed since mid September, 2025. Then, the analyst draws attention to $0.00001721 & $0.00002113 as next key resistances that SHIB would historically reclaim during double-digit break-outs. Finally, the 200% target is $0.00003210, right next to the yearly high of $0.00003400.
Zoomed In, Bears Still Got The Grip Over Shiba Inu
Surely, the bullish falling wedge setup might not take into account geopolitical factors, but the appetite for risk-on assets is part of the broader 2026 super-cycle narrative. With this bullish thesis stemming from a weekly Shiba Inu (SHIB) price chart, the implications are way more bearish zooming in.
Ciphera’s research team dug into Shiba Inu’s 4-hour technical charts, finding out the bears, otherwise known as short-sellers, are still slightly dominating. Switching hands at $0.00000780, the meme coin is soaking up profit-taking by largest players – the whales have the Chaikin Money Flow (CMF) dwelling in slightly negative areas.
To add, this has pushed the Bull Bear Power (BBP) scales towards the bearish side, while SHIB softly retraces from the intra-day heights of $0.00000808, according to TradingView. The meme coin’s trading action remained sluggish, hitting the $186 million mark in the past 24 hours, per CoinGecko’s real-time market data.
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People Also Ask:
Shiba Inu has returned to a critical yearly demand zone near $0.000006, a level that has historically acted as strong support and launched major rallies in prior cycles.
The falling wedge is a classic bullish reversal formation that often precedes upward breakouts after prolonged consolidation.
This demand zone has previously triggered rallies of 300–640% when defended successfully.
Broader market conditions, Bitcoin correlation, and meme coin sentiment also play key roles.
