Shiba Inu is currently exhibiting tight price action within a symmetrical triangle pattern since July, suggesting compressed volatility and pending market movement. Although trading below key moving averages, the asset remains within this structure, creating potential for a surprising bullish breakout. A move beyond current triangle boundaries could ignite strong momentum if accompanied by an increase in trading volume. 200-day simple moving average below price action highlights the potential for a breakout while maintaining a tight range suggests that a decisive break is approaching. The asset’s behavior continues to be closely watched as traders anticipate a breakout after years of consolidation within the symmetrical triangle formation. This pattern frequently resolves with sharp, sudden price movements in either direction. A move above the upper boundary could activate stop orders and attract fresh short-term buyers. If volume accompanies the breakout, SHIB may rally toward resistance levels near $0.0000130. However, a loss of support from the triangle’s lower boundaries could lead SHIB to retest the $0.0000115 zone. Until this crucial point is reached, the asset remains coiled within the triangle, awaiting a catalyst for a decisive breakout.