Analyst Identifies Two Targets to Take Profit as Shiba Inu Signals Bullish Breakout After Closing Inside Volume Zone
August 5, 2025 | By Elendu Benedict
Shiba Inu (SHIB) is once again in the spotlight as the meme-based cryptocurrency signals a bullish sentiment after an extended period of consolidation. Crypto analyst Wyckoff, in his recent analysis shared on X (formerly Twitter), highlights that SHIB has reclaimed a significant volume accumulation zone, a development interpreted as a precursor to a potential price breakout.
With renewed optimism swirling through the altcoin sector and broader crypto markets in mid-2025, traders and investors are eagerly re-evaluating their strategies for SHIB. Let’s examine what is driving this sudden bullishness, the technical indicators at play, and the specific price targets analysts are identifying for short- to mid-term profit-taking.
The Volume Zone: Why It Matters
Volume accumulation zones are critical for market watchers, as they indicate areas where a large number of trades—both buys and sells—have occurred. When a cryptocurrency closes above such a zone after a consolidation phase, it reflects changing sentiment and the likelihood of fresh capital inflows.
Wyckoff-style analysis, based on Richard Wyckoff’s century-old principles, interprets these zones as markers of supply and demand imbalances. In SHIB’s case, reclaiming this volume zone after weeks of sideways trading indicates that buyers are regaining control.
According to on-chain analytics firm IntoTheBlock, SHIB’s recent trading activity has seen its volume zone strengthen around the $0.000017–$0.000019 range. This range previously served as a resistance zone, which once cleared, can potentially flip into a support base for further advances.
Two Profit-Taking Targets Identified
Analysts are eyeing two primary levels for SHIB traders to consider taking profit as upward momentum intensifies:
- First Target: $0.000022 — This price level marks the upper end of previous local highs from Q1 2025. Should SHIB’s current rally maintain strong volume, this is seen as a likely near-term target, with the potential for a quick spike if the spot market sees increased buying.
- Second Target: $0.000025–$0.000028 — This zone corresponds to resistance levels last observed during the February-March 2025 mini-bull rally and again in brief surges driven by meme coin enthusiasm.
Professional traders emphasize setting trailing stop-losses or staged sell orders as SHIB approaches these resistance areas, aiming to preserve gains in case the wider market exhibits volatility.
What’s Fueling Shiba Inu’s Renewed Momentum?
1. Meme Coin Resurgence: After a downbeat Q2, meme coins are returning to focus as the crypto market regains risk appetite. SHIB, alongside peers like Dogecoin and Pepe, is seeing heightened social media mentions and speculative flows, signaling renewed trader interest.
2. Ecosystem Developments: The Shiba Inu development team has accelerated initiatives in 2025, including the expansion of Shibarium (its Layer 2 blockchain), NFT integrations, and DeFi applications. The growing utility narrative has given some fundamental support to SHIB’s price action.
3. Market-Wide Crypto Recovery: Bitcoin and Ethereum—crypto’s bellwethers—recently triggered a new leg up in digital assets after US inflation data surprised to the upside and regulators provided tentative clarity on altcoin classifications. SHIB has benefited from this rising tide, with capital cascading down into high-beta altcoins.
Technical Signals Confirm Bullish Outlook
Besides volume analysis, a host of technical indicators support the SHIB bullish breakout thesis:
- Relative Strength Index (RSI): Currently rebounding from the mid-40s to low 60s, indicating room for further growth before entering overheated territory.
- Moving Averages: The 50-day EMA has crossed above the 200-day EMA, a classic golden cross pattern associated with trend reversals and positive sentiment.
- Bollinger Bands: SHIB price candles have broken above the upper Bollinger Band, reflecting increased volatility and possible price acceleration if confirmed by volume.
On-chain data further shows that the number of SHIB holders has stabilized above 1.31 million wallets, while whale transaction counts have increased—a typical signal of institutional or large trader participation.
Risks and Cautionary Notes
Despite growing excitement, analysts and risk managers caution that SHIB remains vulnerable to volatility:
- Macro Market Uncertainty: Should Bitcoin correct sharply, SHIB and other altcoins could see abrupt pullbacks, erasing quick gains.
- No Guaranteed Utility: While ecosystem expansion is positive, meme coins can remain speculative assets, subject to social trends and sentiment shifts more than fundamental metrics.
- Profit-Rotation: As SHIB hits targets, rapid rotation of capital to newer trend assets or meme coins is common, sometimes resulting in sharp short-term dumps.
Prudent risk management—including position sizing and diversified altcoin exposure—remains essential for traders pursuing SHIB’s breakout rally.
Market Outlook: Can SHIB Sustain Momentum?
With the market watching closely, SHIB’s price trajectory will likely depend on a combination of technical follow-through, continued positive sentiment across the meme coin space, and broader market stability. Should SHIB decisively hold above its reclaimed accumulation zone and breach the first major target at $0.000022, the path toward the upper resistance zone ($0.000025–$0.000028) could materialize quickly.
However, traders should watch for potential retracements and be prepared for volatility, especially as meme coins historically experience high turnover and shifting narratives. Regardless, Shiba Inu’s recent technical signals and community buzz have made it a coin of interest as crypto markets heat up in the second half of 2025.
Disclaimer: This analysis does not constitute investment advice. Cryptocurrency markets are volatile and investors should conduct their own research or consult a professional before making trading decisions.

