Shiba Inu nears breakout: Fresh rally or another trap before the next drop?

SHIB sees slight gains but remains in a downtrend, while investors turn to Rexas Finance for its strong presale performance and real-world utility.

Reflecting a 1.12% change in the last 24 hours, SHIB traded at $0.00001592 as of press time. However, this small increase does not take center stage since SHIB has plummeted 10.57% over the past seven days and an astonishing 31.93% in the past month. This price pattern raises the critical question: Is SHIB preparing for a breakout, or is this another bull trap before a further decline?

Technical analysis: A potential cup and handle breakout?

Technically, SHIB’s price pattern seems to develop a traditional cup and handle structure, usually a positive indication. Acting as a vital resistance level, this trend peaked between 2021 and 2022 and could see another high in 2025. Whereas the handle indicates a consolidation before a breakout, the cup configuration shows a long accumulation phase.

SHIB must review the crucial resistance at $0.000031177 to confirm this optimistic configuration, corresponding with the 61.8% Fibonacci retracing level. Rising above this level might create a more robust rally, enabling SHIB to inspire fresh investor trust. Analysts have observed that SHIB’s recent price consolidation and pullback have reinforced its position for a more continuous upward movement. Strong buying activity at recent declines indicates ongoing demand, which might increase SHIB.

Nonetheless, since SHIB trades inside a declining trend channel, its medium-to-long-term trend remains weak. This falling buying interest among investors and this downward slope indicate unfavorable development. A confirmed breakout above $0.00001670 would suggest that a new rally might be started. Should SHIB lose momentum above this point, it might once more enter a bearish zone and trap hopeful investors.

Rexas Finance: The token primed for massive breakout

Rexas Finance is transforming asset management by providing consumers worldwide unlimited liquidity and investment possibilities. RXS is constructed on a strong basis, allowing flawless asset tokenizing, fractional ownership, and worldwide accessibility.

Currently in its 12th and last stage, Rexas Finance (RXS) has already shown strength in its presale. RXS currently costs $0.20, which has jumped more than six times from its presale pricing. Investor confidence in RXS is indisputable, as the presale has raised about $45.74 million thus far. Unlike speculative tokens that depend on hype, the fast development of the presale emphasizes increasing demand for an asset with actual use.

Rexas Finance will launch on June 19, 2025, at a $0.25 listing price. Many analysts believe it will quickly rise after launch and reach above $17 in a few weeks. This expected 85x return positions RXS among the most exciting crypto investments in 2025. The Certik project audit guarantees openness and security, strengthening investor confidence.

Rexas Finance marks a new phase in digital finance. From real estate to commodities, RXS gives the blockchain ecosystem actual value by letting users tokenize and trade practically any real-world item. Rexas Finance is transformative, enabling one-click purchases, sales, and fractionalization of assets. Furthermore, by guaranteeing a limited supply and providing useful applications outside trade, RXS removes common risks. Rexas Finance is leading the way in distributed finance (DeFi) as a Real-World Asset (RWA) token, using a strategy transcending speculation.

Final thoughts

Technical indicators point to a likely breakthrough, but the token’s absence of basic drivers, like a lowering burn rate, makes its long-term survival dubious. Unless a clear upward movement over $0.00001670 exists, the decline in SHIB’s price might remain. Meanwhile, Rexas Finance rises as the coin set for a big surge with its strong presale performance, practical value, and great growth potential.

RXS is supported by concrete solutions enabling worldwide asset ownership and investment. Investors are moving their emphasis from hype-driven tokens to those with actual uses as the crypto industry develops. Leading this change is Rexas Finance.

For more information on Rexas Finance, visit their website, giveaway, X, or Telegram.