Technical analysis by MMBTtrader about Symbol SHIB: Buy recommendation (10/29/2025)

SHIB has been undergoing a prolonged period of consolidation, characterized by low volatility and a notable absence of significant bullish momentum over recent months. Such phases of compression and quiet price action often occur after a prior trending period and typically precede a new directional move. Technical analysis suggests this accumulation phase may be nearing its conclusion. We are now monitoring for a potential catalyst that could trigger a robust bullish impulse. The anticipated outcome of such a move would be a decisive breakout, likely manifested as a series of strong bullish candles, propelling the asset toward the predefined technical targets established on the chart. DISCLAIMER: ((trade based on your own decision)) <