Shiba Inu (SHIB) Price Prediction: Analysts Warn of 0.0000128 USD long positions Defense Line with Potential Rebound Space Exceeding 34%

Shiba Inu(SHIB)has fallen 11% to $0.000013483 in the past 24 hours, but well-known analyst CJ points out that it has currently entered the "middle band demand zone"(0.0000142-0.0000128), which may present an excellent opportunity for long positions. The technical aspect shows that SHIB has been oscillating in the trading range of $0.00001004-$0.00001764 for nearly five months, and it has currently retreated to the middle band of the range. If it holds the support at $0.0000128, it is expected to initiate a rebound towards the upper band of $0.00001764, with a breakthrough aiming at a target of $0.0000190 (+34%). The on-chain chip distribution suggests higher targets of $0.000024-$0.000035.

Key support area: last line of defense for long positions

  • Demand Range: 0.0000142 - 0.0000128 USD (central support defined by analyst CJ)
  • Current Price Position: $0.00001380 (has entered the upper edge of the demand zone)
  • Core Defense: $0.0000128 (the rebound logic fails if it breaks)

The trading range oscillation pattern: has not broken for five months

  • the trading range lower band: 0.00001004 USD (three rebounds from the bottom since February 2025)
  • Upper Band of the Trading Range: 0.00001764 USD (Key resistance during the rise and fall in May)
  • Current Status: The middle band of the fifth test range, historical similar positions have rebounded by 15%+

Rebound Path and Target Calculation

  1. Basic Goal: Return to the upper band of the trading range at $0.00001764 (up +27% from the current price)
  2. Breakthrough Target: After conquering 0.00001764, challenge 0.0000190 USD (+34%)
  3. Trend Target (on-chain verification):
    • 0.000024 USD (+74% from current price)
    • 0.000035 USD (+154%)

** **

Operation Strategies and Risk Control Points

  • Long positions signal: The hourly closing price stands firmly at 0.0000128 USD.
  • Position Allocation:
    • The first position near 0.0000135 (median of the demand zone)
    • Near the 0.0000130 position (close to the defense line)
  • Stop loss setting: Strictly stop loss if it falls below $0.0000128
  • Position Control: Meme coins have high volatility, single coin position ≤2%
  • Breakthrough Confirmation: A daily close above 0.00001764 allows for additional positions.

on-chain data verification

  • Chip Distribution: The range of 0.000019-0.000024 USD is a moderate supply zone, and resistance above is sparse after the breakout.
  • Whale Activity: The top 10 addresses have increased their holdings by 0.8% of the circulating supply in the past week (approximately 48 trillion coins)
  • **Volume: ** The intraday fall is accompanied by a decrease in volume (signal of weakening selling pressure)

Conclusion: SHIB has currently fallen to the middle band of a five-month trading range, with both technical indicators and on-chain data indicating strong support in the $0.0000142-$0.0000128 region. Analyst CJ's "demand zone" theory requires two main conditions: 1) it must not fall below $0.0000128; 2) the rebound must break through the $0.0000150 mid-axis pressure with volume. If the pattern is established, the first target is $0.00001764 (+27%), and if it breaks through, we look at $0.000019 (+34%). Given the characteristics of meme coins, investors must strictly adhere to the stop-loss line at $0.0000128 to guard against the risk of falling to the $0.00001004 bottom of the trading range after a breakdown.

SHIB0.55%
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DonQuixote-styleSurgevip
· 07-24 08:13
Quick, enter a position! 🚗
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