Shiba Inu Breaks Long-Term Resistance as Bulls Eye $0.000014

In the latest crypto update, Shiba Inu has broken above a long-term descending trendline that has pressured SHIB since 2024, raising the possibility of a broader bullish reversal.

According to analyst CryptoNuclear, Shiba Inu traded below the descending trendline after reaching a multi-month high of $0.00003343 in December 2024. Since then, SHIB has formed a series of lower highs and lower lows, maintaining its broader bearish structure.

However, recent price action has changed that outlook. CryptoNuclear noted that SHIB has now broken above the descending trendline on the five-day chart, marking a significant technical development.

The analyst said a sustained breakout could signal a transition from the long-term bearish trend into an accumulation and recovery phase. Nevertheless, SHIB must hold above the broken trendline to confirm the reversal.

SHIB Targets $0.000014

If the breakout holds, CryptoNuclear identified $0.00000660 as the first major resistance level. A decisive move above that level could strengthen the bullish structure and open the path toward $0.00000930 and $0.00001150.

Meanwhile, the analyst’s highest target stands at $0.000014. Reaching that level would require a 156% rally from SHIB’s price of around $0.00000546.

Notably, Shiba Inu last traded above $0.00001 in early January 2026. Therefore, reclaiming that level could represent an important milestone for the token’s recovery. 

Retest Could Confirm SHIB Reversal

Despite the breakout, CryptoNuclear highlighted a potential retest of the broken descending trendline as a key development to watch.

The typical bullish sequence would involve a breakout, followed by a retest, a successful hold, and then further upside. If SHIB pulls back toward the former trendline and buyers defend the area, the previous resistance could turn into dynamic support.

Such a reaction would provide stronger confirmation that Shiba Inu has shifted away from its long-term bearish structure.

Conversely, an immediate rejection below the trendline could weaken the bullish setup. CryptoNuclear identified $0.00000500–$0.00000520 as immediate support, while $0.00000405 remains the critical structural level.

A decisive break below $0.00000405 could invalidate the reversal thesis and revive the broader bearish trend.