Shiba Inu (SHIB) has demonstrated notable resilience, reclaiming key technical levels and staging a significant rebound that has captured the attention of market analysts. The meme coin's recent performance suggests a "free masterclass in liquidity" before resuming its upward trajectory, with its price now approaching the crucial $0.000025 region.
On June 22, SHIB's price dipped to a low of $0.00001004, temporarily breaching its local support zone. This move, described by Tradersboat as a deliberate liquidity grab, triggered widespread stop-loss activations and forced the closure of weak positions. This event effectively "swept retail stop-losses," establishing a low that has since acted as a springboard for bullish action.
Since that June low, Shiba Inu's price has recovered by an impressive 50%, climbing past previous resistance levels and breaking a significant descending trendline that had previously capped rallies. This breakout confirms a shift in market structure, characterized by a pattern of higher highs and higher lows, typically indicative of a bullish trend continuation.
Tradersboat further noted that the current momentum aligns with Shiba Inu's historical resistance and supply zones. The analyst has forecasted the next key area of interest to be around $0.000025, a level that previously rejected the meme coin during its 2024 rally. SHIB's ability to break through previous selling pressure, briefly pull back, and now consolidate above this level is a crucial indicator for the current upward move.
Should Shiba Inu successfully reclaim and secure its position above $0.000025, the analyst suggests the next target area could extend to the $0.000035 region.
Shiba Inu has had a strong showing in July, with the token increasing by 32% this month alone. Its weekly performance boasts an approximately 11.5% increase, outperforming many other meme coins during the same period. This rise is attributed to both its technical price movements and a broader recovery in the altcoin market.
The bullish momentum in SHIB's price has been driven by a wider recovery trend among mid and low-cap altcoins, further validated by rising trading volume and consistent support above key moving averages. Maintaining support above $0.00001500 has been crucial, as this zone served as a breakout confirmation level after the trendline breach.
Adding to the positive sentiment, CryptoMoses recently highlighted that Shiba Inu has surged by nearly 40% over the past 30 days. Beyond price movements, he cited the rapid expansion of the SHIB ecosystem, including increasing Shibarium adoption and significant improvements in AI integration. These ecosystem developments, coupled with bullish movements in Ethereum (the platform on which SHIB operates as an ERC-20 token), have enhanced liquidity for various projects on its network. This combination of factors suggests that Shiba Inu's rally may also be driven by underlying adoption patterns within the project.
July 2025, Cryptoniteuae