[DigitalToday reporter Yoonseo Lee (이윤서)] An analysis says Shiba Inu (SHIB) could rise more than 50 percent in the short term if it breaks a key resistance line, after holding a support zone around $0.0000056.

On March 31 (local time), blockchain media outlet The Crypto Basic reported that analyst World of Charts said, "Shiba Inu is building up for a solid breakout."

Shiba Inu has defended a $0.0000056 demand zone despite broad market uncertainty and is maintaining upward momentum while attempting to break higher resistance. World of Charts assessed that Shiba Inu broke above a counter-trendline resistance neckline. It said SHIB moved outside the downtrend line after closing above $0.00000592 in mid-March, and that the move has held since then.

World of Charts said additional resistance must be cleared for a clear price move. It cited an upper descending trendline and horizontal resistance as key obstacles. The horizontal resistance it identified is the $0.00000616 to $0.00000640 zone, where it said selling pressure has recently been strong, preventing the uptrend from continuing on Feb. 25, March 16 and March 25.

If SHIB breaks the horizontal resistance, the next target is a higher descending trendline. That trendline has acted as resistance since SHIB fell from a high of $0.00001484 on Sept. 13, 2025, and SHIB has posted lower highs and lower lows below it.

It identified the two supply zones as the final barriers and said a break could lead to at least a 50 percent rise within days. The SHIB price cited was $0.00000591, implying about $0.00000890 on a 50 percent gain.

Resistance remains on the short-term chart. Shiba Inu rose to $0.00000616 on Monday but did not close above another descending trendline on a four-hour chart. It has retested the trendline three times over the past 15 days and was rejected each time. Resistance shows signs of weakening, but momentum is still not sufficient for a breakout.

Shiba Inu is holding a key support zone and continuing attempts to rebound, but a clear break above major resistance must be confirmed before it can be seen as an actual trend reversal. In the short term, whether it breaks the $0.00000616 to $0.00000640 zone is expected to be a key dividing line for further gains.

With market uncertainty still high, it is too early to interpret Shiba Inu's rebound attempts as anything more than short-term expectations. Still, with the key support holding and attempts to break upper resistance continuing, the next move is likely to hinge on whether buying can show enough strength to turn into an actual trend reversal.

$Shib #Shib Building Up For Solid Breakout, Trend Line + Horizontal Resistance Breakout Can Lead 50%+ Rally In Coming Days https://t.co/b6OakOIEWR pic.twitter.com/TsomPffccZ