Shiba Inu (SHIB), the popular dog-themed meme coin, is showing strong signs of a potential reversal as on-chain data reveals massive accumulation by whale investors and technical indicators begin to flash bullish signals. After enduring a sharp decline through mid-2025, the cryptocurrency has attracted renewed attention from large holders who have scooped up an astonishing 10.4 trillion SHIB tokens—worth approximately $110 million—amid signs of market stabilization.
This strategic buying, combined with a key technical formation and rising trading volume, has reignited optimism among traders. With SHIB now forming an inside-week candle, breaking out on high volume, and regaining critical profitability thresholds, analysts are watching closely for a possible rally toward $0.00002 or higher.
Whales Step In During Market Downturn
Following a 27% price drop from mid-May to late June 2025, Shiba Inu reached a 16-month low of $0.00001005, sparking fears of further downside. However, instead of continuing to flee, large investors—commonly referred to as whales—began aggressively accumulating SHIB at these depressed levels.
On-chain analytics indicate that over 10.4 trillion tokens were acquired during this period, marking one of the most significant accumulation phases in recent months. This move is particularly telling because whale activity often precedes major price movements in meme coins like SHIB.
Historically, when whales accumulate in volume during downturns, it signals confidence in an upcoming rebound. Their presence also tends to stabilize the price floor, reducing volatility and discouraging panic selling among retail investors.
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The timing of this accumulation—just as SHIB touched its lowest point in over a year—suggests that institutional-grade players may believe the worst is behind the asset.
Inside-Week Candle Signals Potential Reversal
One of the most compelling technical developments is the formation of an inside-week candle on SHIB’s weekly chart. This pattern occurs when the current week’s price action remains entirely within the high-low range of the previous week, indicating a pause in momentum and potential market consolidation.
In this case, SHIB rose nearly 8% during the week ending June 29, 2025, while staying within the prior week’s boundaries. Such formations often appear at turning points, especially after prolonged downtrends.
An inside-week candle doesn’t guarantee a reversal on its own, but when paired with other bullish signals—like increased buying pressure and whale accumulation—it becomes a stronger indicator of a shift in market sentiment.
Traders interpret this pattern as a sign that sellers are losing steam and buyers are preparing to take control. If SHIB breaks above the upper boundary of this consolidation zone with strong volume, it could trigger a rapid upward move.
Surge in Trading Volume Confirms Bullish Momentum
On June 29, SHIB experienced a powerful breakout during the 21:00–22:00 UTC trading window, accompanied by a sixfold increase in trading volume compared to its daily average. This surge pushed the price up to $0.00001198, briefly testing resistance before facing minor profit-taking.
Despite the pullback, the fact that price held above $0.00001160 indicates strong underlying demand. This level has now become a new short-term support zone, suggesting that dip buyers are actively stepping in—a behavior commonly associated with institutional participation.
High-volume breakouts are considered one of the most reliable technical signals in crypto trading. When such moves align with whale accumulation and positive on-chain trends, they significantly increase the odds of sustained upward momentum.
Over 100 Trillion SHIB Tokens Now Profitable Again
A key psychological milestone has been reached: according to IntoTheBlock data, more than 100.54 trillion SHIB tokens are now back “in the money”—meaning their current value exceeds their purchase cost.
This represents roughly $1.16 billion in unrealized profits across the network, a dramatic turnaround from just days earlier when the figure briefly dipped below 100 trillion. The return above this threshold is significant because it reduces selling pressure from loss-averse holders and boosts overall market confidence.
When large portions of a cryptocurrency’s supply become profitable again, it often precedes periods of accumulation or even aggressive buying, especially if momentum continues to build.
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Technical Indicators Flash Green for SHIB
From a technical analysis standpoint, Shiba Inu is showing multiple signs of stabilization and potential upside:
- The Relative Strength Index (RSI) has rebounded from oversold territory (near 30) to 42.05, indicating recovering momentum without being overbought.
- The MACD histogram has turned positive, and the MACD line has crossed above the signal line—both classic signs of a bullish trend reversal.
- Price action is consolidating within a descending regression channel, a pattern that previously led to sharp rallies in SHIB’s history.
Key resistance levels to watch include:
- $0.000013 (50-day moving average)
- $0.0000156 (200-day moving average)
A confirmed breakout above these levels—especially with sustained volume—could open the door to targets at $0.00002** and potentially **$0.000025, replicating past bullish structures.
Key Levels to Watch in the Coming Days
As of early July 2025, SHIB remains in a tight consolidation range just above $0.000011**, with strong support holding at **$0.00001000—the same level that halted the June 22 sell-off.
For traders, the next few sessions will be critical:
- A decisive close above $0.000013, supported by volume and continued whale accumulation, would serve as strong confirmation of a new uptrend.
- Conversely, failure to break higher could lead to sideways movement or another test of support.
Market sentiment is beginning to tilt cautiously bullish, driven by improving on-chain fundamentals and technical strength. If macro conditions remain stable and crypto markets avoid major shocks, SHIB could be well-positioned for a meaningful recovery.
Frequently Asked Questions (FAQ)
Q: What does whale accumulation mean for SHIB’s price?
A: Whale accumulation typically signals confidence in future price growth. When large holders buy in bulk during downturns, it often precedes rallies as they absorb sell pressure and create demand.
Q: Is $0.00002 a realistic target for SHIB?
A: Yes—based on current technical patterns, volume trends, and historical precedents, $0.00002 is a feasible near-term target if SHIB breaks above key moving averages with strong momentum.
Q: How important is the inside-week candle pattern?
A: While not a standalone signal, it’s a strong warning sign of potential reversal after prolonged declines. Combined with volume and whale activity, it adds credibility to bullish forecasts.
Q: What happens if SHIB fails to break $0.000013?
A: Failure to surpass this resistance could result in extended consolidation or minor pullbacks. However, as long as support at $0.00001 holds, the longer-term outlook remains intact.
Q: Can on-chain profitability influence investor behavior?
A: Absolutely. When more tokens become profitable, holders are less likely to sell at a loss, reducing downward pressure and increasing the chance of sustained rallies.
Q: What role does trading volume play in confirming trends?
A: High volume during breakouts validates genuine interest and participation. Low-volume moves are often traps; high-volume surges suggest real market conviction.
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With whale activity intensifying, technical indicators aligning bullishly, and profitability returning across the network, Shiba Inu appears to be laying the groundwork for a potential comeback. While risks remain in the volatile crypto market, the current confluence of factors suggests that SHIB could be entering a new phase of upward momentum—if momentum holds in the coming weeks.