Shiba Inu (SHIB) has broken a descending trendline, signaling a potential price target of $0.00000673. This breakout follows the movement of 133 billion SHIB tokens out of exchanges, indicating a shift towards holder accumulation. The price has also surpassed its 50-day moving average, reinforcing the bullish momentum. The recent breakout marks the first clear breach of a long-standing resistance line, which had kept SHIB under pressure for over a month. The move was supported by increased trading activity, with volume rising by 41% in the past 24 hours. On-chain data from CryptoQuant shows a negative net flow of SHIB, suggesting reduced selling pressure as tokens are moved to self-custody. Long-term charts frame the current structure as an accumulation phase, with potential upside targets significantly higher than current levels. However, maintaining the breakout above the former resistance and 50-day average is crucial for sustaining the upward momentum.