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Shiba Inu Price Prediction: SHIB Tests Descending Trendline as Cup Pattern Nears Breakout


Shiba Inu Price Prediction: SHIB Tests Descending Trendline as Cup Pattern Nears Breakout

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  • SHIB trades at $0.00000618, up 1.78%, with a $3.64B market cap and $143.28M in 24h volume.
  • A cup-and-handle pattern is maturing on the 4h chart, with price pressing into the descending trendline near $0.00000620.
  • Open interest climbed 27.99% to $56.64M as futures volume fell 31.27%, signaling new positions being built quietly.

SHIB trades at $0.00000618 on March 25, pressing into the most important technical level it has faced in weeks. The 4h chart shows a textbook cup-and-handle maturing, and price is now sitting directly under the descending trendline that has rejected every rally since the mid-February high near $0.00000740. This is not a setup that resolves quietly.

SHIB Price Prediction: The Cup At The Trendline

SHIB Price Dynamics (Source: TradingView)

The 4h chart draws the pattern cleanly. Price peaked near $0.00000740 in mid-February, sold off to a …

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$ 0.00...043

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$ 0.00...012

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Coins

$ 0.00...043

-2.31%

$ 0.00...012

-4.23%

$ 0.000054

-9.48%

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