Shiba Inu Price Prediction: Shiba Inu Bulls Defend Crucial Zone—Is a Surge Imminent?

While the broader crypto market treads cautiously, SHIB bulls are showing signs of resilience—raising hopes of a potential breakout in the days ahead.

Strong Support Zone Holds Firm

SHIB is currently trading at $0.0000128, reflecting a mild 0.57% uptick over the last 24 hours. Despite overall market weakness, the meme coin has maintained a foothold above its short-term support zone between $0.0000126 and $0.0000127. This range has served as a reliable floor for price consolidation in recent sessions.

Shiba Inu (SHIB) was trading at around $0.00001295, up 1.07% in the last 24 hours at press time. Source: Brave New Coin

A brief dip toward $0.0000126 was quickly absorbed, suggesting that buyers remain active at lower levels. According to analysts, this area could serve as a last line of defense if renewed bearish pressure emerges.

“The price has tested this support several times and bounced back, which indicates a strong buyer presence,” noted one technical analyst. “But if it breaks, we may see a liquidity hunt pushing SHIB toward deeper demand zones.”

Resistance at the Gates: $0.0000130 in Focus

On the upside, $0.0000129 to $0.0000130 remains the key resistance band. SHIB has knocked on this ceiling twice in recent days but has yet to break through convincingly. A brief high near $0.00001305 showed speculative buying interest, but it failed to hold as momentum faded.

Shiba Inu (SHIB) price must exceed the $0.000013-$0.000014 resistance zone to confirm a bullish trend reversal. Source: Paper_Trader1775 on TradingView

“If Shiba Inu can flip the $0.000013 level into support with rising volume, a short-term rally could be on the cards,” said Francesco, a crypto market observer. “But without a clean breakout, the price risks slipping back into the lower zone.”

Market Interest Grows, But Momentum Remains Unclear

SHIB’s daily trading volume has risen by 6.32%, reaching $146.88 million, a sign of growing interest despite subdued momentum. Market cap metrics indicate a stable value-to-volume ratio, reinforcing the notion that demand remains balanced and not overly speculative.

Still, technical indicators paint a mixed picture. The MACD has shown a minor bearish crossover, reflecting hesitancy in the upward trend. Meanwhile, the Relative Strength Index (RSI) currently sits at 38.54, inching closer to oversold territory. A move past the 50-mark could signal renewed bullish intent, while a drop below 30 may warn of further downside risk.

Burn Rate Drops Sharply, But Supply Pressure Remains Low

From a tokenomics perspective, the Shiba Inu burn mechanism continues to limit circulating supply, though its pace has slowed significantly. Over the last 24 hours, only 1.57 million SHIB were burned—marking an 89.46% decline in the daily burn rate.

Nonetheless, over 410 trillion tokens have already been permanently removed from supply, helping stabilize long-term inflation. Around 4.75 trillion SHIB are currently staked, showing long-term confidence among holders.

Liquidity Zones and Potential Fakeouts

Adding a layer of complexity, some analysts warn of the potential for SHIB to sweep below current levels to trigger stop losses before reversing sharply.

Shiba Inu price is nearing the end of wave D within a Triangle pattern, with a low-risk rebuy zone in play unless invalidated by a weekly close below key support. Source: Behdark on TradingView

“There’s an untouched H2 demand zone just below, and if SHIB dips into it and builds liquidity above, it could fake out the market and launch fast,” one trader commented. “It’s a messy situation, and we need to prepare, not predict.”

This reflects a broader sentiment in the trading community—that meme coins like SHIB can be highly reactive and prone to dramatic reversals.

What to Watch Next

Bullish Scenario: A sustained break above $0.00001300, ideally with strong volume, could open the door for a rally toward $0.00001350 and beyond. Bearish Risk: Failure to hold $0.00001265 could lead to a breakdown toward $0.00001200, especially if liquidity is targeted below current levels. Neutral Outlook: Continued sideways movement within the current range would reflect market indecision, potentially dragging into the midweek session.

At press time, Shiba Inu remains at a crossroads—trading in a narrow channel, caught between cautious optimism and technical uncertainty. Whether the bulls can gather enough momentum to break higher may set the tone for SHIB’s performance through early June.