SHIB finds support at $0.0000093 after whale accumulation surge—Can it reach $0.000015 in January?

With the start of 2026, the cryptocurrency market has adopted a widespread bullish bias, with memecoins leading the movement. Shiba Inu is experiencing a significant rebound that goes beyond mere numbers: on-chain analysis reveals a silent accumulation strategy that could be key to understanding upcoming price movements.

Supply control is in the hands of major investors

The main SHIB whales continue to strengthen their positions. The top 10 wallets now control over 62% of the total circulating supply, a level that has steadily increased even during recent weak price phases.

What’s relevant here is that while supply is being compressed in the hands of large holders, the amount of SHIB available on the open market is significantly decreasing. When this happens, even moderate demand can generate notable price movements. The rebound observed today fits perfectly into this pattern: first supply compression, then market reaction.

Another important point: there are no clear signs of massive distribution by these investors. The sustained bullish trend in whale concentration points toward long-term positioning, not profit-taking, which explains why sales have been relatively limited.

Technical support backed by active volume

On the daily chart, SHIB rebounds from the demand zone established between $0.0000065 and $0.0000080, a level that has previously served as a consolidation base. The price is now trading near $0.0000093, reflecting a 3–4% gain in the last 24 hours.

The rebound exhibits positive technical characteristics:

• Impulse recovery: The price has restored its bullish momentum after defending the lower end of the range.
• Expansive volume: The rebound was accompanied by a notable increase in traded volume, indicating genuine buying during the dip.
• Bullish OBV: The on-balance volume indicator has turned upward, suggesting accumulation rather than a simple short-term technical bounce.

However, SHIB is still trading below its key moving averages, which are clustered between $0.0000108 and $0.0000110. This means the overall trend has not yet been confirmed as bullish. For now, it’s a relief rally within a broader consolidation, not a sustained breakout.

When market structure tells the real story

Analyzed in isolation, today’s move could be interpreted as a simple tactical rebound. But when combining the two charts, more solid elements emerge:

• Whales continue absorbing supply, reducing downside risk in the short term.
• The price bounces positively from a well-defined support level with historical backing.
• Selling pressure appears to be exhausted, at least in the immediate context.

This convergence explains why SHIB is rising without depending on any specific news catalyst. The market is reacting to positioning structure and on-chain behavior, not external headlines.

What’s next?

As long as Shiba Inu’s price remains above the $0.0000080 region, buyers are likely to continue defending declines. The next significant resistance level is in the $0.0000108–$0.0000110 zone, where sellers could reappear.

If that range is reclaimed, the door to more substantial movements will open. Conversely, a fall below the current support would weaken the bullish setup taking shape.