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Shiba Inu's chart signals a bullish breakout, aiming to remove a zero from its price in October.

Technical Signals
02 Oct 2026
UToday
View Source
Bullish
Shiba Inu's chart signals a bullish breakout, aiming to remove a zero from its price in October.

Shiba Inu (SHIB) has formed a strong bullish setup with key indicators showing exhausted selling pressure and a firm price floor around $0.0000053–$0.0000055. Currently ranked 30th with a $3.47 billion market cap, SHIB aims to break above the 50-week moving average to surpass competitors like Bittensor and target a market cap of $7.14 billion near the 200-week moving average. This move could push SHIB into the Top 20 cryptocurrencies and achieve the psychological milestone of deleting a zero from its price, potentially overtaking tokens like Litecoin and Uniswap. The scenario would be invalidated if prices fall below $0.00000515.

As of Oct 02, 2026 22:21 WIB, Shiba Inu (SHIB) trades at Rp0.105 on Pluang, showing a positive 1-day change of +2.57% and a market cap of Rp62.11 trillion. In comparison, Bittensor (TAO) is priced at Rp5,511,501 with a modest 0.35% gain, while Litecoin (LTC) leads with a 4.93% increase to Rp1,260,765. SHIB's strong buy sentiment on Pluang, with 81% buy orders and a typical hold time of 105 days, highlights active investor interest amid its bullish setup noted in the news.

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