Shiba Inu Holds $0.0559 Support as Altseason Structure Reappears on Weekly Chart

• Shiba Inu was traded at $0.056043 and it registered an increase of 1.2 percent and it stood solid above the mark of $0.055958.

• The OTHERS/BTC weekly chart indicates that price has been in an upward trendline that was experienced during the earlier expansions of the altcoins.

• SHIB remained range-bound, with resistance at $0.056178 limiting upside during the current session.

Shiba Inu traded within a narrow range as broader altcoin market structure gained attention. The OTHERS/BTC weekly chart highlighted past altseason cycles and current positioning. Meanwhile, SHIB recorded modest gains over the last 24 hours, while price respected clearly defined technical levels.

Altseason Structure Re-Emerges as SHIB Enters a Critical Technical Zone

Notably, the OTHERS/BTC weekly chart illustrated three distinct expansion phases since 2018. Each stage was preceded by a long-held consolidation above an upward trendline. The initial altseason had been in 2018 and then a bigger breakout in 2021. Following that peak, the chart was into a prolonged corrective construct.

ALTSEASON 2026 ABOUT TO START$SHIB TO THE MOON 🌕🌕
GET’S READY TO FLY LET’S GO 🚀🚀 pic.twitter.com/i8A2lTnYC7

— CRYPTO SHIB (@cryptoshibs) February 10, 2026

However, the current structure shows price holding above the same ascending trendline. The chart marked this zone as the potential base for a third altseason window. Moreover, historical expansions occurred when price rebounded from similar trendline support levels.

As a result, the chart suggests renewed altcoin participation relative to Bitcoin. This backdrop provides context for SHIB’s current price behavior. With that structure established, focus shifts toward SHIB’s immediate technical positioning.

Shiba Inu Price Action and Intraday Market Structure

At press time, SHIB traded at $0.056043. The price posted a 1.2% daily increase. Meanwhile, SHIB gained 0.5% against Bitcoin and 0.7% against Ethereum. These relative movements were an indication of a bad short-term strength in a narrow span.

The support was at 0.0559585, which was close to the session low. The upper boundary of the 24-hour range was developed at the point of resistance at $0.056178. Notably, price remained compressed between these two levels throughout the session. This compression created a controlled trading environment. As price hovered near resistance, volatility stayed limited. That setup connects directly to possible intraday outcomes based strictly on existing levels.

SHIB Faces Key Intraday Levels as Range Structure Holds

SHIB would have to trade at a price higher than $0.055958 in a bullish case. An extended trend higher than $0.056178 would create space to the top. That move would still remain confined within today’s defined structure.

However, a bearish scenario would emerge if price slips below $0.055958. That breakdown could expose lower intraday liquidity zones. Such movement would remain consistent with range continuation rather than trend expansion.

Both scenarios depend solely on current support and resistance behavior. Consequently, price direction today remains technically driven, with no deviation from the stated levels.