Shiba Inu price has made a decisive technical move that could mark the beginning of a recovery phase following months of sustained downside pressure.
After mirroring the broader crypto market correction and entering a make-or-break zone, SHIB now appears to be testing a key level that may determine its next directional move.
Trading at $0.00000621 at the time of writing, Shiba Inu has retraced approximately 59% from its February 2025 high of $0.00003315 per Coingecko data. In early February 2026, the token dropped to $0.00000507 amid a death cross formation.
Notably, it rebounded to $0.00000648 on February 7, forming another lower high within its broader downtrend structure. The pattern of lower highs and lower lows had firmly defined bearish momentum for months.
However, market dynamics shifted on February 14 when SHIB broke above the previous lower high of $0.00000648 and climbed to $0.00000725.
SHIB Market Structure Break
According to analyst SwallowAcademy in a recent TradingView analysis, this move represents a market structure break, a technical development that occurs when price action invalidates the prevailing trend pattern.
Instead of forming another lower low after consolidation, SHIB pushed higher, interrupting the established downtrend. The analyst noted that the token is now in a retest phase, revisiting the breakout zone to confirm whether the structure break will hold.
This stage is often referred to as an accumulation phase, where buyers attempt to establish support above the prior resistance level. For the bullish setup to remain intact, Shiba Inu must hold above approximately $0.00000662. A successful retest at this level would strengthen the case for a short-term recovery.
Shiba Inu Price Analysis: Upside Targets
From that entry zone, the analyst projects upside targets of $0.0000079, $0.0000081, $0.0000083, and $0.0000085. From the current market price of around $0.00000621, these levels would represent potential gains ranging from 27% to 36.8%.
The recovery scenario, however, depends entirely on the SHIB price maintaining support above the breakout zone. If price action fails to hold and drops decisively below the retest area, the market structure break would be invalidated.
In that case, the token could resume forming lower highs, signaling a continuation of the broader bearish trend. At the time of the analysis, SHIB was trading slightly below the key confirmation level, making the coming sessions critical.
The next few candlesticks will likely determine whether the breakout evolves into sustained bullish momentum or proves to be a failed attempt at reversal. While technical indicators suggest early signs of a potential turnaround, confirmation remains essential.
