$SHIB – CAN THIS CHANNEL BREAKOUT IGNITE A RALLY?


$SHIB is trading inside a downward channel, compressing toward structural support while preparing for a possible reversal. The market slid from the early August triangle rejection but stabilized within this descending structure. Price is currently hovering around 0.0000126, defending a critical zone near the lower trendline. If bulls force a breakout from the channel, momentum could carry it toward the 0.0000140–0.0000145 target zone.


OVERALL TREND DIRECTION: bullish

TARGET WATCH: 0.0000140–0.0000145


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August 28, 2025 at 12:15 PM
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