#SHIB The important turning point in the long and painful downtrend of Shiba Inu (柴犬币) may finally be approaching. After months of convergence, forming a tight symmetrical triangle, this meme coin now seems to be nearing a potential annual bottom at $0.0000115, a level that has historically served as strong support and has never been clearly broken. Bulls are still struggling to regain momentum as SHIB has once again failed to maintain gains above the 100-day EMA, currently trading at around $0.0000120. However, it is gradually sliding towards its long-term support zone, which may actually pave the way for a rebound. The ascending lower boundary formed over multiple months for SHIB and the area that previously triggered a significant price rebound are both represented by the $0.0000115 level. Technically, this combination of diagonal and horizontal support suggests that SHIB is approaching downtrend fatigue. The RSI hovers around 44, indicating that sellers are losing their edge, and trading volume is steadily declining. Aside from maintaining the overall structure, a rebound from this area could potentially lay the foundation for a mid-term bullish reversal, with targets possibly at $0.0000130 and then near $0.0000135 at the 200-day EMA. However, if SHIB fails to maintain the $0.0000115 level, the situation could deteriorate rapidly. If a drop below this level is confirmed, investor confidence will be severely impacted, undermining the bullish structure and potentially paving the way for new lows in 2025. Now, everyone is focused on this crucial support zone. If SHIB can successfully defend its annual low, it may usher in a long-awaited recovery phase and a new bull run cycle for one of the most watched tokens in the cryptocurrency space.