Shiba Inu (SHIB) has faced prolonged stagnation, with market activity weakening to the point where some investors are questioning its long-term potential. Pseudonymous market analyst MMBTtrader recently commented that the current environment appears “dead” and increasingly discouraging for holders. The analyst suggested that if present conditions persist, SHIB could risk dropping out of the top 40 cryptocurrencies by market capitalization. Despite this pessimistic description of current performance, the same analyst outlined a scenario in which SHIB could recover significantly, citing strong support levels and technical structures that may set the stage for a substantial breakout. Key Supports Remain Intact According to MMBTtrader , SHIB is still defending two important daily support zones, located near $0.000006 and $0.000010. Historically, these levels have provided stability and marked the starting points of earlier upward rallies. As long as these supports remain intact, the possibility of a future rebound remains on the table. The analyst emphasized that price action is currently constrained by a descending trendline that has acted as resistance for months. Breaking through this red trendline would be a critical step for bulls to regain control of the market. The 200% Milestone as Immediate Resistance Before any larger rally can be attempted, SHIB must first clear a major resistance barrier near $0.00003364. This level has already been tested multiple times in recent history, most notably in March and December 2024. On both occasions, buying pressure was unable to sustain momentum, and the market experienced sharp reversals. Because of this repeated rejection, the $0.00003364 region has now become a well-established ceiling for the token. MMBTtrader argues that successfully breaking through this barrier is essential to unlock further upside. If the resistance is overcome, the analyst projects an immediate rally of about 200% from current prices. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Roadmap Toward 400% and 600% Targets Should SHIB manage to establish a foothold above $0.00003364, the analyst believes a path would open toward larger price objectives. The next milestone would be a 400% rally, a level last observed in November 2021. This target would represent a significant recovery from current values, exhibiting renewed strength in the market. The long-term projection, however, lies at $0.00007730, Shiba Inu’s all-time high reached in October 2021. Achieving this price would equate to gains exceeding 600% from current levels. The analyst clarified that this outlook is conditional on the token holding its established supports and decisively breaking through the long-standing descending trendline that has capped its price movements. While MMBTtrader’s description of the market as “dead” highlights current investor frustration, the analysis ultimately suggests that SHIB’s long-term prospects are not entirely negative. With crucial support levels still intact and with resistance zones clearly identified, Shiba Inu retains the potential to stage a significant recovery. However, until the token can close above $0.00003364, progress toward the higher 400% and 600% targets remains speculative. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Highlights Shiba Inu (SHIB) Path to 600% Gains appeared first on Times Tabloid .
