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$SHIB /USDT: Can the "Shib Army" Break the $0.00001 Barrier?
Shiba Inu (
$SHIB ) has had an explosive start to 2026, surging 25% in the first two weeks of January. After months of consolidation, the token is finally testing major psychological resistance.
📊 Technical Analysis:
Current Price: Trading around $0.0000085 to $0.000009.
Moving Averages: SHIB has successfully reclaimed its 20-day and 50-day EMAs, signaling a potential shift from a bearish downtrend to a bullish basing phase.
Crucial Resistance: The $0.00001 level remains the "make-or-break" zone. A clean break above this could target $0.0000125 by February.
Support Levels: Immediate support is holding firm between $0.0000081 and $0.0000083.
🔥 Why it’s Heating Up:
Massive Burn Rate: The ecosystem recorded an incredible 10,728% surge in burn activity to start the year, with over 172 million SHIB destroyed in a single day to increase scarcity.
Whale Accumulation: On-chain data shows top whale wallets are aggressively tightening their grip on supply, with large transactions (>$100k) increasing by 111% in early January.
RSI Alignment: The RSI is currently in a healthy neutral zone (~37-62), providing plenty of "room to run" before becoming overbought.
💡 Trading Strategy:
The risk-to-reward profile for SHIB is currently one of the cleanest among large-cap memes. Watch for a daily close above $0.0000091 to confirm the next leg up.
Are you riding the SHIB wave or waiting for a deeper pullback? Let’s hear your targets! 👇
#SHIB #ShibaInu #MemeCoins #CryptoTrading #MarketRebound $SHIB