SHIB Tests Upper Resistance of Falling Wedge, Potential Breakout Targets Up to $0.000033
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 11 2026- Technical Pattern Analysis: SHIB is testing the upper resistance of its falling wedge formation, and a successful breakout could push the price toward targets ranging from $0.00001 to $0.000033, indicating rising interest from market participants in this cryptocurrency.
- Increased Buyer Momentum: As buyer momentum strengthens, SHIB's price is poised to break above the resistance, potentially triggering significant price fluctuations that could further enhance market interest and investment in the asset.
- Key Price Levels: Analyst Jonathan Carter has identified critical price targets for SHIB, including $0.000010, $0.000013, $0.000016, $0.000022, and $0.000033, which may serve as points where market participants take profits, influencing future price movements.
- Market Sentiment Shift: The current price action suggests that SHIB is on the verge of a significant move, with the timing of the breakout dependent on sustained buying pressure and overall market conditions, potentially presenting new opportunities for investors.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
