Shiba Inu has spent months stuck in a narrow price range, but one analyst believes the dull phase is about to end. One analyst, Polaris_xbt, argues that this prolonged consolidation has been a classic accumulation phase, shaking out impatient traders and building a strong base for an explosive move. $SHIBPlenty of time to accumulate the old dog here.Boring PA usually ends in explosion, unfortunately once again… most will end up chasing tops… pic.twitter.com/4VZig0xZDp — polaris_xbt (@polaris_xbt) September 9, 2025 The theory is that the “dull phase” is over, setting the stage for a potential rally that could catch many traders off guard. Related: Shiba Inu Forms a Descending Triangle, But Key Indicators Are Flashing Bullish Long Accumulation Mirrors Past Market Behavior For much of the last seven months, Shiba Inu traded between $0.000016 and $0.000010. During that time, it retested the key support at $0.00001 on multiple occasions, with bulls defending the level each time. Polaris_xbt noted that this structure closely mirrors SHIB’s behavior during the 2022–2023 bear market, when it also built a base around similar levels. That consolidation eventually fueled a breakout to $0.00004567 in March 2024. Consequently, the analyst suggested that the current accumulation could spark a comparable rally. Historical price action indicates that Shiba Inu tends to consolidate quietly before sharp upward surges. The present phase may simply be another example of that cycle repeating. So, What’s the Actual Price Target? Based on this outlook, Polaris_xbt outlined a potential price target of $0.00003396. That level represents an 18-month high and would deliver a gain of roughly 165% from current prices. Interestingly, this target also aligns with the December 2024 peak of $0.00003343, strengthening the case for a possible retest. Shiba Inu is already showing early momentum. It logged its second consecutive daily green candlestick on Monday, gaining 3.12%. As of press time, SHIB trades at $0.00001309, with a weekly increase of more than 7%. The market cap has climbed to nearly $7.7 billion, supported by a daily trading volume above $270 million. Do the Indicators Back Up the Bull Case? SHIB/USD daily price chart, Source: TradingView Market indicators paint a picture of cautious optimism. The MACD lines are showing slight upward momentum, though without strong conviction yet. Meanwhile, the RSI sits at 55, signaling neither overbought nor oversold conditions. This suggests that SHIB remains in a balanced zone, leaving room for further movement. Related: Shiba Inu Price Prediction: SHIB Holds Key Support As Chainlink Boosts Cross-Chain Utility Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.