Since its inception, the Shiba Inu (SHIB) community has dreamed of reaching the $1 target. However, as of July 17, 2025, SHIB is trading at $0.00001443. The possibility of significant growth and reaching this milestone is examined.
Current Trend on SHIB Chart
The SHIB/USD chart shows a strong bullish structure forming. Since early July, price movements have printed higher highs and higher lows, confirming the start of a short-term uptrend. The current price of SHIB is around $0.00001443, up by 2.21% on the day, successfully breaking above the recent resistance at $0.00001400, targeting the next Fibonacci level at $0.00001570.
Key Resistance and Support Levels
Based on Fibonacci and recent price structure, the following levels are important to watch:
* Immediate resistance: $0.00001570 * Next target zone: $0.00001800 * Critical support: $0.00001320 * Breakdown level: $0.00001200. If SHIB price flips $0.00001570 into support, bulls could push toward $0.00001800 swiftly, especially if volume spikes.
Short-term and Long-term Forecast
In the short term, considering the bullish momentum and support levels, Shiba Inu may attempt to target the $0.0000157–$0.0000180 range in the next 7–10 days. However, a pullback to $0.0000132–$0.0000126 is also on the table if profit-taking occurs. Regardless, the likelihood of reaching $1 is extremely low under current market capital and token supply.
Thus, while the short-term outlook for Shiba Inu may be positive, achieving $1 seems unlikely without significant changes in tokenomics and supply. Long-term holders should closely monitor supply dynamics.
