- Shiba Inu (SHIB) price is holding its key support at $0.00001159, building pressure for a possible explosive move.
- RSI bullish divergences suggest buyers are quietly loading up while sellers lose momentum.
- If SHIB breaks resistance at $0.00001698 and $0.00002052, a rally toward $0.00002970 could be on the table.
Shiba Inu has been clinging tight to its long-term support near $0.00001159, and the way price keeps grinding at this base has traders whispering about the possibility of a so-called “God candle.” Every dip into this zone gets snapped up fast, leaving behind what looks like a boring floor, but it’s one that’s stubbornly refusing to crack. Some even argue this base might be the last wall before SHIB risks adding an extra zero to its price chart.
Low Volatility Builds Pressure for Breakout
On the daily timeframe, volatility has gone eerily quiet. Candles are shrinking, ranges are tightening, and SHIB just sits on that same line like it’s glued there. What makes it more interesting is the RSI flashing bullish divergences. While price drifts sideways—or even a bit lower—the indicator is slowly creeping higher. That mismatch usually hints buyers are quietly loading up while sellers lose steam. When that happens on a defended base, sometimes the market just flips into a vertical breakout with no warning.
Sellers Losing Steam as Bulls Prepare
Sellers did try to push SHIB lower through the summer months, but each shove fizzled out as volumes dried up. The result? A setup where bulls may not need much to light the fuse. On the upside, the first hurdle stands around $0.00001698, then $0.00002052, which was the ceiling of SHIB’s last failed rally. Break those levels and the doors open to $0.00002501 and maybe even $0.00002970—zones last revisited during SHIB’s sharp rebound phases back in 2024.
Shiba Inu Traders Eye Potential “God Candle”
For now, SHIB trades almost flat at $0.00001239, parked right on top of its long-term cushion. It’s the kind of zone where markets either slide slowly into a deeper decline… or rip straight out in one oversized move that people remember for years. Traders are calling that moment the “God candle,” and SHIB may be sitting right on the edge of one.
