
Jakarta, Pintu News – Shiba Inu seems to be starting to show signs of renewed strength after several weeks of flat moves and repeated support tests. A descending trendline that has been holding the price since mid-summer is still the main feature on the daily chart.
The reduction of SHIB reserves on exchanges indicates a decrease in selling pressure, as fewer tokens are available on exchanges. This pattern suggests that some investors may be positioning themselves ahead of a potential price spike.
At the same time, there has been an increase in transaction activity which may also be supportive of potential price gains. SHIB has managed to reclaim its 50-day Exponential Moving Average (EMA) on the daily chart, which is historically a critical level that signals a potential change in momentum. Currently, SHIB is trading near $0.0000126.
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Recently, Shibarium, the Layer-2 blockchain of Shiba Inu, suffered one of the largest attacks in its history. Attackers attempted to exploit the network by manipulating checkpoints, reportedly staking 4.6 million BONE tokens to gain leverage.
The exploit was triggered on September 12, when a hacker submitted fake data to an Ethereum-related contract on Shibarium, triggering an automatic system shutdown as a security measure. At the same time, the attacker risked millions of dollars worth of BONE tokens to temporarily meet the validator threshold.

Despite the setback, Shiba Inu started October with a bullish setup that could push the price towards $0.00001410. If achieved, this move would be in line with historical price patterns, marking a potential rally of 11%-40%.
Historically, SHIB has shown strong performance in October. However, SHIB is currently facing resistance between $0.000012-$0.000013, where the 200-day and 50-day EMAs have converged, creating a strong ceiling.
To confirm a successful breakout, SHIB must decisively cross the $0.0000128-$0.0000130 range. Failure to reclaim this level leaves the asset vulnerable to renewed downward pressure.
Also Read: Shocking Bitcoin Cash (BCH) Price Predictions for 2025 to 2030!
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