Shiba Inu (SHIB) has started the year with renewed momentum, posting gains of over 20% over the past week, supported by improving sentiment across the broader cryptocurrency market and a noticeable increase in buying activity. Following the sharp advance, SHIB has seen a minor corrective pullback, which so far appears orderly. Price is currently holding above the 0.000009 area, suggesting that buyers are still defending recent gains rather than exiting aggressively.

Shiba Inu technical analysis

SHIBUSD - 1 Week Time Frame

From a structural perspective, 0.000007 remains the major long-term support, a level that has proven resilient multiple times since 2023. This zone continues to define the lower boundary of SHIB’s broader range and underpins the longer-term bullish case as long as it remains intact.

Above current price, the 0.000010 area stands out as a key support/resistance (S/R) level. This zone previously acted as support in early 2024 and again toward the end of 2025, but is now functioning as resistance. Price reaction around this level will be crucial in determining whether SHIB can transition from consolidation into a renewed upside phase.

A clean break above 0.000010 would likely shift market focus higher, opening the way toward the major resistance near 0.000016. This level aligns with prior rejection zones and represents a meaningful upside objective should bullish momentum accelerate.

SHIB price target

As long as SHIB remains above the 0.000009 region, the current structure suggests consolidation rather than trend exhaustion. Failure to reclaim 0.000010 may result in continued range-bound trading, while a decisive breakout could mark the start of a broader recovery move toward 0.000016, assuming supportive market conditions persist.