Shiba Inu (SHIB), the second-largest meme-based cryptocurrency by market capitalization, is showing signs of renewed strength following a prolonged period of underperformance. During its recent price recovery, a prominent analyst, known as GehavianGoals, has outlined a bullish outlook for the asset, projecting a potential rally of over 130% from its current value.
Market Performance and Recent Recovery
Since reaching a high of $0.0000334 in December 2024, Shiba Inu has declined significantly, dropping as low as $0.00001004 by June 2025, a correction of approximately 69%. This decline occurred even as Bitcoin recorded multiple all-time highs, underscoring a divergence in momentum between the two assets during the same timeframe.
However, SHIB has recently begun reversing its downward trend. The token has appreciated by 14.51% over the past week and gained an additional 1.67% in the last 24 hours, suggesting that investor sentiment is beginning to shift. Despite these gains, SHIB remains 31% below its price at the start of the year.
Technical Outlook and Support Levels
In his recent analysis, GehavianGoals noted that Shiba Inu is showing signs of maintaining its upward trajectory. He identified key support levels where the asset has repeatedly rebounded, describing these areas as strong demand zones. SHIB has tested this zone several times throughout 2024 and 2025, with each test resulting in price rejections and a move higher.
The most recent retests of the $0.000011 support zone occurred on February 3, March 11, April 7, and June 22. These consistent rejections of lower price levels reinforce the area’s importance as a base for potential rallies. Historically, Shiba Inu has surged significantly from this level, most notably in early 2024 when it climbed to a high of $0.00004567 before facing resistance and pulling back.
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Entry Points and Price Targets
The analyst shared specific buy zones to consider, with the first identified at $0.00001092, a level that SHIB has already surpassed. Another entry point is projected around $0.0000188, which is approximately 31% above the current price level.
GehavianGoals has set a target of $0.00003352, representing a 130% increase from current market prices. If calculated from his initial entry at $0.00001092, the potential upside rises to 206%. While he did not offer a specific timeframe for reaching this target, he emphasized that he is prepared to hold his position for up to two years if necessary.
The analyst’s bullish stance aligns with broader market sentiment within the SHIB community. Several observers believe that Shiba Inu could revisit higher price ranges if it overcomes resistance levels tied to high-volume trading clusters. A recent study also supported the view that SHIB could reclaim the $0.000035 price region under favourable technical conditions.
Despite past volatility, analysts and investors are increasingly optimistic about Shiba Inu’s medium to long-term prospects, and recent technical signals suggest momentum may be returning to the asset.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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