Shiba Inu, despite its meme-driven reputation, is showing signs of strength. Technical analysis reveals potential for a significant price jump – analysts predict a 17% gain if key resistance levels are breached. A symmetrical triangle pattern on the four-hour chart suggests an impending breakout as traders eagerly watch for the momentum to build. Fibonacci levels offer further confirmation with immediate resistance at around $0.00001474, and potential targets stretching to $0.00001633 based on higher Fibonacci retracement levels. 10% gains are also predicted by analyst Jessica Ghaney, who saw a bullish pennant pattern emerging in SHIB’s chart, further confirming a breakout is imminent. This confluence of patterns suggests a potential breakout in the near future. While the broader crypto market remains cautious, Shiba Inu’s charts indicate a strong underlying momentum.