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A classic inverse head-and-shoulders pattern is forming on the #shiba⚡ Inu chart, and a breakout could signal bullish potential for the token.
This formation could lift optimism in a market mired in volatility and price uncertainties. Shiba Inu (SHIB) has continued to show weakness, dropping over 20% in the past 30 days, a trend that has spread across the broader crypto market. Yet recent price action could signal an impending shift in trend.
Key Points
A classic inverse head-and-shoulders pattern is forming on the Shiba Inu chart, and a breakout could signal bullish potential for the token.The pattern is in its late formation phase, having printed the head and the left and right shoulders.The left shoulder formed around $0.00000616, the head around its multi-year low of roughly $0.00000510 on February 6, and the right shoulder near $0.00000614.For the structure to spur the expected price bounce, it needs to break above its neckline resistance around $0.0000070-$0.0000072.Breaking and closing above $0.0000072 with volume will confirm a pattern, paving the way for a push to $0.0000078, then $0.0000085, and finally $0.0000090.There is a support level at $0.0000060 if bears continue to push prices lower, and a major pattern breakdown will occur when SHIB falls below $0.0000058.
Shiba Inu Prints Clean Inverse Head and Shoulders Pattern
Technical analyst Crypto Sat has lifted the hopes of SHIB holders after identifying a bullish formation on the 4-hour chart. Recently on X, he highlighted a clean inverse head-and-shoulders (H&S) pattern.
Notably, the pattern is in its late formation phase, having printed the head and the left and right shoulders. The analysis shows the left shoulder formed around $0.00000616, the head around its multi-year low of roughly $0.00000510 on February 6, and the right shoulder near $0.00000614.

Typically, an H&S pattern spells bearish momentum. But since it is inverted, it suggests that selling pressure might be nearing exhaustion. For it to spur the expected price bounce, however, it needs to break above its neckline resistance. The analyst believes this level to be around $0.0000070-$0.0000072.
Key Price Levels to Watch
Breaking and closing above $0.0000072, which is 15% away from the current price, with volume, will confirm the pattern. From there, Shiba Inu will aim for a quick push to $0.0000078 before a measured move to $0.0000085, then to $0.0000090.
However, the market remains weak, and the possibility of further pullbacks is not off the table. Per the analysis, there is a support level at $0.0000060 if bears continue to push prices lower. Meanwhile, a major pattern breakdown will occur when SHIB falls below $0.0000058.
Essentially, Crypto Sat is suggesting that if the $0.0000060 and $0.0000058 levels fail, the H&S pattern will be invalidated. The recent price high would become a lower high, with the meme coin continuing bearish momentum to retest the head lows around $0.0000051.
Bullish Formations for Shiba Inu
Interestingly, Crypto Sat is not the only commentator to have identified a pattern suggesting a trend shift for Shiba Inu. In a recent price analysis, SwallowAcademy highlighted a break in bearish market structure still on the 4-hour chart.
The token broke past its previous lower high when it rallied to $0.00000725 on February 14. Now SHIB is retesting the breakout level, and its success would take it to $0.00000085, one of Crypto Sat’s targets.
Despite these bullish takes, bears are in charge of the market. As a result, renewed selling pressure could push Shiba Inu to even lower prices.
#CryptonewswithJack

The #Cardano price shows mixed signals as it faces resistance, with several potential scenarios potentially unfolding based on market momentum and trends.
Cardano (ADA) is changing hands at $0.2841 today, with a decline of 0.91% over the past day. The price has experienced some volatility during the day, ranging between $0.278 and $0.287, reflecting a moderate daily range.
In terms of performance, Cardano’s 7-day performance has seen some improvement with an 8.61% gain. However, the trend has been downward over the past 30 days, showing a 24.35% loss, and a 38.65% drop over the past 90 days.
The trading volume over the past 24 hours has been $57.74 million in spot trading, while the futures market has seen a significantly higher volume of $593.37 million. This suggests that more aggressive trading is happening in the derivatives market, which could indicate anticipation of future price movements.
Moving forward, traders will be looking closely at the key price levels and market trends for potential movements in the near term.
Cardano Price Prediction
From a technical perspective, Cardano is currently facing resistance around the 0.382 Fibonacci level, which sits at $0.30365. This level marks a key area where ADA has struggled to break through in the past few days. If #Cardano manages to break this resistance, it could potentially continue its upward movement toward the next Fibonacci level at $0.32916, which is the 0.5 level.

This would open the door for further upside, with a broader target of $0.35468 at the 0.618 Fibonacci retracement level. However, ADA has not yet decisively broken the $0.30365 resistance, and failure to do so could lead to further consolidation or even a potential decline.
On the downside, Cardano has found support at the 0.236 Fibonacci level, which corresponds to a price of $0.27208. This support level previously acted as short-term resistance but has now flipped into support. If ADA were to break below this support level, it could test lower levels near the $0.22105 level.
Looking at the Awesome Oscillator, which shows a negative reading of -0.02896, the indicator is confirming bearish momentum in the market. The AO’s red bars turned green, suggesting that selling pressure is fading. For further bullish confirmation, the AO would need to surge to positive readings.
ADA Open Interest Still Declining
Per data from Coinglass, Cardano’s open interest has been showing a declining trend over the past weeks. Open interest peaked from mid-July to mid-October 2025, but has since steadily dropped, mirroring the decreasing ADA price. Currently, the open interest stands at $431.73 million, which is a significant decrease from its previous highs of over $1.95 billion.

As open interest continues to drop, it suggests a weaker market sentiment, potentially causing further volatility unless there is a reversal in market activity. This is a critical indicator to watch, as Cardano’s potential to stabilize or rise significantly in price may depend on whether open interest starts to increase again.
#CryptonewswithJack

#Solana shows short-term bullish momentum but faces resistance around key areas. Can SOL breach major breakout levels? 
Solana (SOL) is currently trading at $86.25, showing a 1.2% surge over the past 24 hours. The price has shown resilience after dipping to a low of $82.87 and reaching a high of $87.41, indicating moderate volatility during the day. This $4.54 daily price range between the lows and the highs shows the market’s active movement, with the price trending upwards as the day progressed, suggesting some bullish momentum.
In terms of trading volume, #Solana has seen a 24-hour volume of $3.60 billion, down over 12%. On the other hand, the market cap is currently at $48.97 billion, up about 1.44%. 
While Solana has shown positive performance in the short term, it is still down by 39.6% over the last 30 days and 53% over the past year. Traders will now be watching if Solana can sustain its upward momentum and break through key resistance levels.
Where’s Solana Headed?
On the daily chart, Solana is facing immediate resistance near the $91.69 level, as indicated by the middle band of the Bollinger Bands indicator. The price is currently moving towards this band, while the upper band is above at $114.65, indicating that the price is still well below its breakout levels.

In terms of support, Solana has found a floor around $67.74, just above the lower Bollinger Band placed at $68.73. If Solana bears were to take over, they would need to break below the lower band first, then the next support level at $60.
The Average True Range, currently at 6.94, indicates low and declining volatility in comparison to earlier periods. The ATR level shows that the price won’t experience extreme fluctuations unless momentum shifts significantly. This would be either a breakout direction above $91.69 or a breakdown below $68.73.
Can Solana Reclaim $90?
Meanwhile, veteran trader BitGuru recently observed that Solana has been following a clear downtrend for weeks in the 4-hour timeframe, characterized by lower highs and lower lows. However, the market is now attempting a small rebound after holding a key support zone. 

According to his commentary, SOL is currently trying to reclaim the $90–$95 resistance area. This could be crucial for determining whether the price can continue to recover or if it will face further downside pressure.
#CryptonewswithJack