Shiba Inu (SHIB) Falling Wedge, Strong Binance Longs Could Signal 8.75% Upside Toward $0.00001416

• Falling wedge pattern suggests an 8.75% upside to $0.00001416 if confirmed.

• Binance SHIBUSDT long/short ratio of 2.55 implies 71.82% of traders are long.

• 24‑hour trading volume down ~30%; RSI near 43 and Supertrend remains bearish, indicating mixed momentum.

SHIB price breakout: Shiba Inu shows a falling wedge and bullish on‑chain positioning—read levels, volume, and what traders should watch next.

What is SHIB’s current technical outlook?

SHIB price is trading near $0.00001295 and has formed a four‑hour falling wedge that often precedes breakouts. Short‑term indicators are mixed: the Supertrend remains red (bearish) while the RSI (~43) sits in neutral territory, pointing to consolidation with upside potential if volume returns.

How likely is a SHIB price breakout and what level would it target?

Technical patterns indicate an 8.75% upside target to the next resistance at $0.00001416 if SHIB breaks above the wedge. Confirmation requires a decisive four‑hour candle close above the wedge boundary accompanied by rising volume. TradingView technical snapshots and pattern history support wedge breakouts as a common outcome, but false breaks can occur without volume confirmation.

Source: TradingView (pattern chart)

What do on‑chain metrics and derivatives data reveal?

On‑chain and derivatives flows show increased bullish positioning even while price consolidates. CoinGlass data indicates a Binance SHIBUSDT Long/Short ratio of 2.55, meaning ~71.82% of traders are long and 28.18% are short. That concentration of longs raises the potential for leveraged squeezes if price moves quickly.

24‑hour trading volume has dipped roughly 30% versus the prior day (CoinMarketCap), which weakens breakout conviction until volume returns. Major liquidation clusters sit around $0.00001266 (lower) and $0.00001318 (upper), where roughly $533.33k of long and $261.34k of short exposure are concentrated.

Source: CoinGlass (derivatives snapshot)

Comparative snapshot: key levels and momentum

Frequently Asked Questions

Can SHIB break out of the falling wedge soon?

A confirmed breakout requires a four‑hour candle closing above the wedge with above‑average volume. If this occurs, an initial 8.75% move toward $0.00001416 becomes likely; absent volume the pattern risks failure and continued consolidation.

What on‑chain signs should traders watch?

Monitor Binance long/short ratio, liquidation clusters at $0.00001266 and $0.00001318, and 24‑hour volume changes. Rising volume with a higher long/short ratio supports bullish moves; sudden liquidation spikes can accelerate price swings.

Key Takeaways

• Falling wedge formed: Technical structure suggests an 8.75% upside target to $0.00001416 on a confirmed breakout.
• Bullish derivatives positioning: Binance long/short ratio at 2.55 means ~71.82% of traders are long, raising the potential for rapid moves.
• Watch volume and liquidations: 24‑hour volume down ~30% and concentrated liquidations at $0.00001266 / $0.00001318 increase risk of false breaks; confirm with volume.

Conclusion

Shiba Inu’s short‑term technical setup shows a clear falling wedge with a defined upside target of $0.00001416, but momentum is mixed: Supertrend remains bearish and volume has declined. Traders should monitor Binance long/short ratio (2.55), liquidation clusters, and volume for confirmation before committing capital. COINOTAG will continue to track on‑chain flows and chart developments and update levels as conditions change.