Renewed Network Activity Fuels Breakout Expectations
Besides the strong on-chain performance, technical signals point toward improving market sentiment. The Relative Strength Index sits around 54, suggesting neutral momentum but leaving space for an upward shift if buying activity strengthens. A gradual rise in trading volume also reflects renewed accumulation following a quiet trading period, as investors begin positioning for a possible rally.
If SHIB breaks above the $0.0000135 resistance, the next price objective could align with previous liquidity levels near $0.000015 to $0.000016. However, if momentum weakens, a retracement toward $0.000012 or even $0.0000115 may occur. This makes the upcoming sessions critical, as traders watch whether bullish pressure can overpower resistance barriers that have held firm throughout the year.
Moreover, analysts note that the latest spike in transactions often coincides with periods of high volatility. Increased engagement from whales typically signals shifts in market sentiment, paving the way for either short‑term rallies or extended recoveries. The consistent rise in network activity, coupled with improved technical alignment, shows that SHIB could be on the verge of breaking its long‑standing resistance zone.