Popular community member Heber Mayen suggests that Shiba Inu is poised for an explosive breakout.
In a tweet yesterday, Mayen shared Shiba Inu’s one-month price chart, showing the asset up 3.65% over the past 30 days to $0.00001345.
The chart shows Shiba Inu consolidating within a long-term descending triangle pattern, with successive lower highs forming since its peak at $0.00008845. Per the chart, Shiba Inu has reached the extreme low point of the triangle, signaling that a decisive breakout is imminent.
Indicators Signal Strong Momentum for Potential Rally
Mayen predicted the imminent breakout would be massive, hinting at a strong bullish move with a rocket emoji. His confidence stems from the strong momentum the Shiba Inu’s indicator showed at the time of the analysis.
Shiba Inu’s moving averages indicate that the token has stabilized after a prolonged downtrend, during which its price crashed from a high of $0.000088 to around $0.00001. Additionally, with an RSI of 49.15, SHIB remains in neutral territory, poised for a potential explosive move.
Although optimistic about an upward breakout, Mayen did not specify a target price for the token. Moreover, he provided no timeline for when Shiba Inu could make the bullish breakout.
In the meantime, Shiba Inu is currently changing hands at $0.00001323 per token, down 1.33% over the past 24 hours. Over the past week, Shiba Inu has plunged by 1.03%. Meanwhile, it maintains a positive monthly performance with an 8% gain.
Is Shiba Inu ATH Incoming?
Heber is not alone in predicting a major rally for Shiba Inu; other analysts share a similar bullish outlook. Popular community analyst Shib Spain speculated that SHIB is preparing to bounce off its critical support zone, potentially setting the stage for a major rally toward a new all-time high.
The accompanying chart shows that Shiba Inu has been consolidating within the $0.00001270 – $0.00001347 support zone in recent weeks. Notably, he anticipates a rebound from this support zone that could ignite a sustained uptrend.
With sustained momentum, he projects SHIB could set a new all-time high, potentially surpassing the October 2021 peak of $0.00008845. Surpassing the previous ATH demands a 568% surge from the current level of $0.00001323. This move will ultimately push the token’s price to $0.0000885.
$SHIB is about to bounce hard off this support zone.
New ATH incoming 🚀 pic.twitter.com/g88D03tiJV
— Shib Spain (@ShibSpain) September 18, 2025