SHIB KNIGHT Project Analysis Breakout in the range of $0.00000885 to $0.00001210

Shiba Inu (SHIB) is at a critical juncture according to renowned analyst SHIB KNIGHT, who has identified technical signals pointing toward an imminent breakout in its price pattern. The token’s price action shows a deliberate contraction after weeks of buying pressure, with volume consolidating within strategic margins that historically precede significant movements.

Currently, SHIB is trading with modest changes over the past 24 hours, maintaining a market capitalization of $3.44 billion as of February 11, 2026. Trading volume has remained at levels of $1.95 million, reflecting a phase of reaccumulation in the market.

Volatility Compression: The Precursor to Acceleration

Technical analyst Butterfly has highlighted a particularly relevant pattern: market volatility is gradually compressing on the three-day chart. This phenomenon is not random. Volatility compression often precedes large-scale movements, as market energy accumulates under pressure before releasing abruptly.

In this context, SHIB is close to completing a descending wedge pattern, a technical formation that commonly anticipates strong bullish reversals. Analysts warn that monitoring the coming days is crucial, as a breakout from this structure could catalyze the start of a sustained upward trend. The buying pressure that has begun to manifest represents the first phase of this expected transition.

SHIB KNIGHT’s “Golden Zone”: Critical Support at $0.00000847

SHIB KNIGHT has identified what he calls the “Golden Zone,” a price level acting as a strategic buy point, especially for large accumulators of the token. This zone has shown the ability to keep the price above $0.00000847, a level that has become a key short-term support.

The rebound SHIB has executed from this region generates optimism among analysts, as it suggests institutional and whale buy orders are active. Maintaining this support is essential to preserve bullish momentum. Any close below $0.00000847 could indicate prolonged consolidation, while a breakout upward would open the way toward more ambitious targets.

Breakout Targets: From $0.00000885 to $0.00001210

In a bullish continuation scenario, SHIB KNIGHT has mapped out a series of resistance levels marking expected milestones of the move. The first target is $0.00000885, a barrier that could serve as a minor pause before accelerating again.

Once this level is surpassed, the next technical target is at $0.00001008, followed by a more robust zone at $0.00001085. Ultimately, if the momentum and buying pressure persist, SHIB could approach the most ambitious level in the projected range: $0.00001210.

These levels are not arbitrary. They represent confluences of historical resistances, Fibonacci retracements, and zones where limit orders from investors previously accumulated. SHIB KNIGHT’s analysis suggests each of these levels will alternately act as resistance and support, facilitating a gradual but sustained ascent.

Market Dynamics Supporting the Bullish Thesis

Beyond the geometry of technical patterns, the fundamental market context also supports this scenario. The stabilization of SHIB after the previous correction, combined with the observed volatility compression, indicates institutional accumulation. When volatility compresses and orders accumulate below these levels, the eventual release is typically violent.

Market sentiment indicators have shifted notably toward optimism in recent weeks. SHIB’s ability to hold support in the “Golden Zone” despite upward pressure demonstrates that sellers are exhausting, while demand persists.

However, it is crucial not to lose sight of the macro context. SHIB KNIGHT recommends staying alert at key levels and being prepared to adjust positions if price action deviates from technical projections. The next move will be decisive in validating or refuting this analysis.

SHIB3,03%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)