SHIB’s Dramatic Comeback: Will It Break the Black Friday Ceiling?

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Shiba Inu (SHIB), the darling of the digital kingdom, has performed a rather audacious 30‑percent rebound from its February nadir. Yet, dear reader, the asset now sits daintily at the $0.0000068 threshold – a level that has earned the dubious honor of being dubbed “Black Friday” resistance, after all it was the very trigger for a spectacular liquidation on October 10, 2025.

Why the Beloved ‘Black Friday’ Guard Blocks SHIB’s Progress

After a tepid slide starting in late December, SHIB found a modest berth in the $0.0000052-$0.0000054 corridor, as the TradingView scroll revealed. Though a 30‑percent bounce looks smashing on paper, the underlying numbers whisper caution:

  • Polarity flip: The $0.0000068 level, once a comforting floor during the October crisis, has turned conspiratorially into a stern ceiling – a classic support‑turned‑resistance metamorphosis.
  • Momentum metrics: The Daily RSI has escaped the clutches of oversold territory yet remains languishing in the mid‑range, signalling that while selling fatigue has faded, bullish confidence is still napping.

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For SHIB to transition from a mere “relief rally” to a full-blown “trend reversal,” it must, with impeccable timing, reclaim the coveted $0.0000068-$0.000007 band.

  1. The bull case: A daily close above $0.000007 would pave the way to the next high‑liquidity pinnacle at $0.000009, with a secondary ambition lofting towards the $0.000011 supply cluster.
  2. The bear case: Failure to breach the “Black Friday” gatekeeper will likely usher in a distribution period. Watch closely for a retest of the $0.0000058 support; a break below that would resurrect February’s lows to the forefront.

SHIB has polished its footing, yet the “Black Friday” level – set four months ago – remains the ultimate arbiter of technical fate. Until that barrier yields, the broader market structure stays corrective for our irreplaceable canine darling.

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2026-02-17 19:17