The post Shiba Inu (SHIB) Could See Volatility After Prolonged Consolidation Around $0.00001159 Support appeared on BitcoinEthereumNews.com.

Shiba Inu price is holding inside a long-tested range, trading near $0.00001238 with a key support at $0.00001159; a break below that level could signal a deeper reset, while a successful rebound may resume the pattern that previously targeted $0.00001698–$0.00002052. Key support: $0.00001159 — repeatedly defended since 2023 Current structure: rounded consolidation with tight clustering before breakouts Historical targets: $0.00001698 and $0.00002052; resistance bands extend to $0.00002970 Shiba Inu price outlook: monitor $0.00001159 support; act on confirmed breakout or breakdown — full analysis and trading cues from COINOTAG. What is the Shiba Inu price outlook? Shiba Inu price is consolidating in a familiar range near $0.00001238 with a critical floor at $0.00001159. This repeated base formation suggests the next decisive move—either a rebound toward prior resistance bands or a breakdown into lower price territory—will define SHIB’s near-term trend. How does the $0.00001159 support affect SHIB’s next move? The $0.00001159 level has acted as a structural pivot across multiple cycles. If that support holds, SHIB typically grinds higher through mid-range ceilings, historically targeting $0.00001698 and $0.00002052. A confirmed break below would invalidate the range-based rally case and open the potential for a deeper reset, unseen since early 2023. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Rounded consolidations show periods where price action compresses into tight clusters, signaling equilibrium between buyers and sellers. These formations often precede expansion in volatility,…

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Filed under: News - @ August 31, 2025 2:27 pm