Shiba Inu (SHIB) has captivated market analyst Joey Keasberry, who describes its chart as one of the most notable he’s seen. Despite lacking a clear breakout, Keasberry believes this setup could lead to significant price movements in the near future. The token’s trading range has remained largely stagnant since 2021, with prices fluctuating between $0.0000050 and $0.00004. 1.58% increase in whale accumulation and a decline in retail exposure suggest this phase might be an accumulation period rather than a traditional downtrend pattern. This consolidation has created what analysts view as a potential “powder keg” for future volatility, where a breakout could lead to substantial price shifts. The token’s long-term range defines market behavior since its 2021 breakthrough, with prices consistently trading within the $0.0000050-$0.00004 band. Despite reaching resistance at around $0.000045 in early 2024, SHIB failed to sustain bullish momentum and has remained within this consolidation structure. Keasberry notes that while no breakout signs are present now, typical volatility compression often precedes explosive movements during consolidation phases. Analyst Şeyma further analyzes SHIB’s price behavior through multi-timeframe analysis. She identifies key resistance levels that will determine SHIB’s next directional move. A close above the immediate resistance around $0.000015 suggests a potential shift towards a more positive market structure. A breakthrough above the $0.000017 level would provide crucial confirmation, while exceeding both resistance lines with significant bullish momentum could propel SHIB toward the $0.000030 target. If SHIB fails to achieve this breakout, it might return to lower demand zones, extending the current consolidation phase or possibly triggering a retracement.