SHIB Approaches Breakout, Could Reach $0.000014 – $0.000016

Shiba Inu (SHIB) is on the verge of breaking out of a falling wedge pattern, with traders noticing a surge in trading volume and price approaching crucial resistance levels. Analysts are optimistic about the potential for a significant price jump to around $0.000014-$0.000016 if the current momentum holds. 4-hour chart analysis suggests the token’s recent rise, exceeding 7% in a single day, has positioned SHIB near resistance at $0.00001334.