Will SHIB Breakout or Stay Range-Bound?

Shiba Inu (SHIB) enters May 2025 trading around the $0.00001340 zone, consolidating after a mild recovery from the April lows. Price is hovering near a key descending resistance line, with market participants awaiting a decisive breakout or breakdown. Here’s a detailed multi-timeframe analysis based on the latest chart patterns.

Weekly Chart: Fibonacci Structure Sets the Mid-Term Tone

The weekly Fibonacci retracement (from the $0.00003343 high to the $0.00001080 low) provides key zones of interest:

• 0.382 Fib: $0.00002478
• 0.5 Fib: $0.00002212
• 0.618 Fib: $0.00001945 (current ceiling zone)

SHIB has been trading below the 0.618 Fib level for several weeks, struggling to gain bullish momentum. Any sustained move above $0.00001950 would open the door to revisit the $0.000022 and $0.000024 areas. If it fails to hold above $0.00001300, a return to the $0.00001100–$0.00001080 support zone becomes likely.

Daily Chart: Descending Triangle Breakout Watch

Shiba Inu price movement (Source: TradingView.)

SHIB is currently testing the upper boundary of a descending triangle formation on the daily chart. Key zones:

• Support: $0.00001200–$0.00001280
• Resistance: $0.00001450–$0.00001470

Despite the weak volume, SHIB is attempting higher lows, forming a coiling pattern. A successful daily close above $0.00001470 could invalidate the bearish triangle and trigger a breakout toward the $0.00001580 and $0.00001720 resistance zones.

Failure to hold above the $0.00001280 pivot could result in a deeper pullback toward $0.00001100.

4-hour Chart: Structure Compressing Near Resistance

Shiba Inu price movement (Source: TradingView.)

In the 4-hour chart, SHIB is moving within a narrowing wedge pattern. Trendlines are converging near the $0.00001460 zone, making it a key breakout level. The green support cluster between $0.00001280 and $0.00001320 has held well across multiple retests.

Breakout confirmation above $0.00001470 could lead to short-term targets at $0.00001580 and $0.00001660, while failure to break higher may result in consolidation or breakdown toward $0.00001250.

EMA and RSI analysis (4H): Momentum Cautious but Leaning Bullish

Shiba Inu price movement (Source: TradingView.)

• EMA 20/50/100/200: SHIB is hovering slightly above the 20 and 50 EMAs but still below the 100 and 200 EMAs. A bullish crossover above all key EMAs would reinforce a breakout narrative.
• RSI (14): Currently at 48, suggesting neutral momentum. A push above 55 would reflect strengthening bullish interest.

Bollinger Bands and MACD: Volatility Squeeze Brewing

Shiba Inu price movement (Source: TradingView.)

• Bollinger Bands: Bands are tightening on the 4H chart, indicating a volatility squeeze. SHIB is trading near the middle of the bands, signaling a potential expansion move.
• MACD: Both the MACD and signal line are close to the zero mark. A bullish crossover would offer early confirmation of upward momentum.

Shiba Inu Price Forecast Table: May 2025

Shiba Inu (SHIB) Price Prediction: Outlook for May 2025

SHIB appears to be nearing a decision point as May unfolds. The price is compressing against a descending resistance line, suggesting a breakout may be approaching. A clean push above $0.00001470—especially with increasing volume—could spark a short-term rally toward $0.000017 levels.

However, lack of momentum or broader crypto weakness could cause SHIB to fall back into its support range between $0.00001200 and $0.00001300. Until a breakout is confirmed, the token is likely to stay range-bound within this narrow band. Traders should monitor volume and RSI changes closely for clues on the next move.