- ShibaInu (SHIB) narrowly avoided dropping to a new low and rebounded 12% after hitting critical support at $0.00001.
- With renewed bullish momentum, SHIB is now targeting a potential 42% rally toward the $0.00001433 resistance zone.
The meme coin market just got a dose of drama—and survival. Shiba Inu (SHIB), one of the most talked-about meme tokens, recently danced dangerously close to adding another zero to its price tag. Hovering near the $0.000011 support level, traders braced themselves for a potential dip to $0.000009. But in a surprising twist, SHIB held its ground.
Earlier this week, as the U.S. stock market suffered one of its worst openings since 1987—dubbed a modern-day “Black Monday”—the crypto market showed unexpected resilience. And amid that storm, SHIB stayed afloat.
A Sudden 12% Bounce Sparks Optimism
At its lowest, SHIB slipped right to $0.00001. But then came a sharp turnaround. Thanks to a sudden shift in U.S. tariff policy and a boost in crypto market sentiment, ShibaInu surged 12%, quickly rebounding from the danger zone.
This move wasn’t just a recovery—it may be the beginning of a major trend reversal. According to analysts, the worst may be behind SHIB, and it could be heading toward a much stronger resistance level.
Bullish Eyes on $0.00001433—A 42% Upside?
With the immediate threat averted, SHIB bulls are setting their sights higher. The most conservative bullish scenario would see the token climbing into the $0.0000125–$0.00001433 zone. Reaching this range would not only mark a 42% rally from its recent bottom, but also solidify support and keep that dreaded extra zero off the price charts.
This phase of accumulation could prove vital for SHIB’s next breakout. If trading volume and buyer pressure stay consistent, SHIB may be setting up for a bullish reversal few saw coming.
Bottom Line: SHIB Holds Steady and Sets the Stage
Shiba Inu’s resilience amid broader market chaos is turning heads. As meme coins continue to capture retail attention, SHIB’s ability to dodge a major fall and bounce back fast could be the spark that ignites its next leg up.
