Shiba Inu Setting for Breakout Above 200EMA Line as SHIB Buyers Build Momentum Near Lows

Shiba Inu (SHIB) price is pushing hard for a possible breakout above its 200 EMA line, fueled by the rising accumulation of SHIB by crypto investors. The second-largest memecoin by market cap has been in an accumulation phase since plunging below $0.000007 in October 2025. Currently trading at $0.0000097 at the time of writing, Shiba Inu buyers have continued to build momentum.

Shiba Inu Targets 200 EMA Line

In a Wednesday update, TradingView analyst Swallow Academy shared a SHIB price outlook using a one-day timeframe chart. According to his analysis, Shiba Inu is targeting a bullish breakout above the $0.00001256 price level. Noting the recurring pressure from the 200 EMA region, he added that SHIB holders need to exercise patience. “Patience is key,” he emphasized.

TradingView crypto analyst MMBT Trader also provided a similar SHIB price outlook in a recent update. He predicted that SHIB could potentially surge by 94% if the price successfully breaks above the $0.00001270 resistance level. This optimistic forecast has further heightened expectations among investors.

At the time of writing, Shiba Inu (SHIB) is trading at $0.0000097, marking a 0.6% gain over the past 24 hours. More notably, it has witnessed a price increase of 8.9% over the last seven days, a significant performance amid the broader cryptocurrency market's short-term decline.

Amid rising investor interest in the meme token, analysts highlight that Shiba Inu will need to maintain the crucial $0.00000959 support level to facilitate any further upward movement. Holding this key support level is critical for sustaining the momentum and achieving a potential breakout.