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Shiba Inu nears breakout with potential 26% price surge if key trendline is breached.

Technical Signals
29 Sep 2026
UToday
View Source
Bullish
Shiba Inu nears breakout with potential 26% price surge if key trendline is breached.

Shiba Inu (SHIB) is at a critical technical point where a breakout above a descending trendline could trigger a 26% price increase to around $0.00000720-$0.00000730. The price is currently compressed above a key support level, suggesting volatility may soon rise. Traders need SHIB to hold support and break the trendline for a rapid move upward. Meanwhile, altcoin demand is growing, with spot trading volume nearing four times that of Bitcoin, indicating increased investor interest in riskier assets like SHIB.

Shiba Inu trades at Rp0.105 on Pluang as of Sep 29, 2026 21:24 WIB, showing a 3.05% gain in one day. The market cap stands at Rp61.8 trillion with a 24-hour volume of Rp1.77 trillion. Buy orders dominate at 59%, reflecting active interest in SHIB despite its volatile technical setup.

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