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Shiba Inu price nears key October 4 chart breakout amid German crypto tax reform deadline.

Technical Signals
01 Oct 2026
CryptoTicker
View Source
Neutral
Shiba Inu price nears key October 4 chart breakout amid German crypto tax reform deadline.

Shiba Inu (SHIB) is trading near $0.00000573, caught in a technical triangle pattern set to resolve by October 4, signaling a potential price breakout. The price has recovered 39.3% since its July low but remains down over 53% year-to-date. Investors should watch key resistance at $0.0000060 and support at $0.0000050. Meanwhile, Germany's draft crypto tax reform, effective January 2027, introduces a December 31, 2026 cutoff for old tax rules, impacting SHIB holders who must secure acquisition records to avoid higher tax assessments. The SHIB market is influenced more by seasonality and sentiment than network activity, as Shibarium transactions have dropped significantly. Traders should prepare for volatility around these technical and regulatory milestones.

As traders anticipate a potential breakout for Shiba Inu by October 4, SHIB is currently priced at Rp0,104 on Pluang, showing a 1.24% gain over the past day as of October 2, 2026, 01:41 WIB. The token's market cap stands at Rp61.33 trillion with a 24-hour trading volume of Rp1.22 trillion. Pluang users are predominantly buyers, with 81% of order activity favoring purchases and a typical holding period of 105 days, highlighting steady interest despite recent volatility.

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