Shiba Inu Signals a Bullish Trend with Technical Indicators, Analyst Details Trading Plan

SingleForYears · 2026-01-13T08:50:51+00:00

The technical analysis of Shiba Inu (SHIB) indicates a potential bullish formation. Currently trading at $0.000008982, SHIB gained 26.8% recently but dropped 3.42% in 24 hours. Trading recommendations suggest opening positions between $0.00000897 and $0.00000915, with profit targets set at multiple levels. An increase of 14.11% to 29.14% is expected for the token to reach its objectives.

SingleForYears

2026-01-13 08:50:51

Abstract generation in progress

Technical analysis prepared for Shiba Inu (SHIB) indicates that the token is forming a potential bullish pattern. According to analyst assessments on TradingView, SHIB may move within certain price ranges in the near term. Currently trading at $0.000008982, the token has gained 26.8% over the past week but experienced a 3.42% decline in the last 24 hours.

Key Indicators and Price Scenario of Technical Analysis

The analysis for Shiba Inu utilizes multiple technical indicators. Tools such as the Ichimoku Cloud, RSI, Fibonacci levels, and moving averages are used to enhance reliability, focusing on price movements on 1-hour charts. According to the analyst’s scenario, a pullback around $0.0000090 could present a buying opportunity.

Recommended Trading Parameters and Targets

The technical-based recommendations are summarized as follows: trading positions can be opened within the range of $0.00000897 to $0.00000915. Profit targets are set at three levels: $0.00001025, $0.00001081, and $0.0000116. It is advised to place a stop-loss at $0.0000087 for risk management.

Potential Profit Margins and Target Analysis

Shiba Inu is expected to increase between 14.11% and 29.14% to reach the specified price targets. This scenario assumes a gradual rise from the current level and progression toward sequential targets. This plan, provided by the analyst, is prepared considering risk management and potential return balance.

SHIB1,53%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.