Shiba Inu is getting close to the point where a symmetrical triangle pattern on the chart indicates a big price move may be about to occur. When an asset leaves the triangle's bounds, these patterns have historically suggested that volatility may increase. At this point, SHIB traders are expecting a significant change in momentum.

At present, the price of SHIB is stabilizing within the triangle's narrowing range; typically a strong move in either direction is preceded by this tightening. When assets break out of these patterns, momentum often picks up quickly, potentially leading to a significant price increase. When it comes to SHIB, the asset may see a major upswing in price if it breaks above important resistance levels.

Tokens may target a more significant breakout at the first resistance level, which is approximately $0.000018. Next there is $0.000020 and beyond. SHIB may try to hit higher price levels again, as it did earlier in the year, if the bullish sentiment grows and volume backs the move.

On the negative side, it is important to remember that SHIB may return to the $0.000015 range if it is unable to maintain above support levels. A more substantial decline in value might result if the price does not stay where it is.