Shiba Inu could be setting up for a fresh rally in 2026, according to a bullish analyst, even as the meme token weathers renewed volatility. Market snapshot - Current price: $0.000008412 (down ~1.2% in 24 hours). - SHIB has been volatile in recent days but received a lift around the start of 2026 before slipping back into choppy trading. Why some analysts are upbeat Crypto commentator “SHIB Knight” posted a bullish forecast, saying he’s watching a potential breakout that could push Shiba Inu toward $0.00001200 — roughly a 40% gain from today’s levels. He tweeted that market sentiment looks positive and set a near-term target of “1200” (i.e., $0.00001200). SHIB Knight also described the token as being in an accumulation phase, mapping out supports and stepwise targets (priced in SHIB’s usual micro-units): - Supports: 846 → 799 (≈ $0.00000846 → $0.00000799) - Targets: 885 → 1009 → 1085 → 1208 (≈ $0.00000885 → $0.00001009 → $0.00001085 → $0.00001208) Community and team reaction The bullish call drew public support from Shiba Inu’s marketing lead, Lucie, who responded positively on X (Twitter) to SHIB Knight’s post, signaling alignment between some community influencers and the token’s team representatives. Context and caveats - SHIB’s 2021 rally and sustained community backing keep investor interest high, but the token remains sensitive to broader macro and crypto-market headwinds. - SHIB Knight’s outlook also referenced broader market conditions — notably Bitcoin holding above the $90K level — as a factor that could influence SHIB’s trajectory. - As always, analyst targets are speculative and depend on market conditions; they are not guarantees. Bottom line A growing number of SHIB observers see a path to a meaningful upside in 2026 if the token can hold key supports and broader crypto markets remain constructive. Traders should weigh technical setups and macro risk before making decisions. Read more AI-generated news on: undefined/news

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