Analyst Says Shiba Inu (SHIB) Will Remain Bullish If This Happens, Sets Price Target

Shiba Inu (SHIB), one of the most popular memecoins in the crypto market, is once again drawing attention from analysts and investors alike. A recent technical breakdown from prominent crypto analyst Seyma suggests that SHIB may be poised to maintain its bullish trajectory if key structural conditions are met. The insight outlines a pivotal short-term setup that could fuel SHIB’s next major move. Bullish Structure Hinges on Critical Breakout Levels Seyma’s analysis, which focuses on the 4-hour chart (W-4h timeframe), reveals a finely balanced scenario. She explains that a weekly close above a critical resistance level—marked by a red line—will be the first indication of sustained bullish strength. However, that alone won’t be enough to confirm the continuation of the uptrend. #SHIB $SHIB | W-4h If the week closes above the red line and then breaks the purple line with a breakout candle, the bullish market structure will continue.. otherwise the grey box and the purple line below it are the demand zones. If all these positive expectations come true… pic.twitter.com/4q4kpXWkdn — Şeyma (@traderseyma) May 18, 2025 The real test lies in SHIB’s ability to decisively break above the purple line immediately following that close. This line represents a dynamic resistance level, likely formed by a descending trendline or consolidation zone. According to Seyma, a clear breakout candle through this purple line will serve as the definitive signal of a bullish market structure. In such a case, momentum traders and bulls could re-enter the market with confidence, targeting higher price levels with renewed optimism. Should this breakout pattern unfold as predicted, Seyma projects a long-term price target of $0.030 on the weekly chart—a level that would mark a significant rally from current prices. Downside Risk: Demand Zones Await if Breakout Fails Despite the optimistic outlook, Seyma also highlights a scenario that would invalidate the bullish continuation. If SHIB fails to close above the red line or gets rejected at the purple resistance level without producing a breakout candle, downside pressure may return. In such a case, SHIB could retreat into the grey box and the lower purple line region, identified as demand zones where buying interest is historically concentrated. These demand zones represent strong accumulation areas that have previously supported SHIB’s price during downtrends. Should the bearish scenario play out, traders may look to these zones for potential re-entry or stabilization points. Broader Market Context and Community Sentiment Seyma’s forecast arrives at a time when the memecoin sector is experiencing renewed interest, driven by a broader rebound in crypto market sentiment. Shiba Inu, in particular, continues to stand out due to its large and dedicated community, ongoing ecosystem development, and integration into emerging technologies such as Shibarium, the project’s Layer-2 blockchain. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 On-chain metrics have shown a recent uptick in SHIB transaction volumes and wallet activity, further supporting the case for a potential upward move. Meanwhile, social media sentiment remains predominantly bullish, with many traders eagerly watching for confirmation of Seyma’s outlined conditions. While the road to $0.030 may seem ambitious, it’s not entirely out of reach if momentum continues to build and macro conditions remain favorable. The memecoin has surprised the market before, and with analysts like Seyma providing clear frameworks for technical validation, traders are more equipped than ever to navigate SHIB’s next major phase. As always, market participants are advised to combine technical analysis with risk management and macro awareness, especially in assets as volatile and sentiment-driven as Shiba Inu. In conclusion, SHIB’s short-term direction hinges on a confluence of technical events. If the red resistance level is breached and a breakout candle confirms the break above the purple line, Seyma’s bullish vision could begin to play out. If not, traders may need to watch the demand zones below for clues on the next move. Either way, all eyes are now on SHIB’s weekly close. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Says Shiba Inu (SHIB) Will Remain Bullish If This Happens, Sets Price Target appeared first on Times Tabloid .

Source: TimesTabloid