- SHIB trades below key moving averages, showing strong short- and long-term downward pressure.
- Derivatives market liquidation spike and weak community momentum fuel heightened volatility and risk.
- Price outlook favors further decline, likely ranging $0.0000070–$0.0000082 with low rebound probability.
Shiba Inu’s SHIB has been lately showing persistent weakness, raising concerns for investors and traders. At press time, the token trades at $0.0000078, below key moving averages. Short, medium, and long-term trends all point downward, signaling pressure on price. Technical indicators show no immediate support near current levels, while resistance looms overhead. Traders are now facing a highly volatile environment, with a growing chance of further decline.
Technical Weakness Signals Persistent Downside Pressure
SHIB currently sits under the MA-20 at $0.00000845, MA-50 at $0.00000892, and MA-200 at $0.00001152. This alignment highlights the ongoing bearish sentiment across all timeframes. The Ichimoku chart shows dynamic resistance at $0.00000852, creating an obstacle for any near-term rebound. With no nearby support levels, traders face limited options for stability. Recent price action reflects clear downward momentum, leaving little room for intraday recovery.
A recent liquidation spike in SHIB’s derivatives market has amplified volatility. Reports indicate a 3,000% imbalance, which heavily impacted long positions. Many traders suffered losses, increasing caution among investors. The market now shows heightened uncertainty, with price action reacting strongly to smaller movements. Expert Neil Patel issued warnings about limited utility, declining community engagement, transparency concerns, and the risks associated with SHIB’s large supply. These factors contribute to a cautious outlook and may prevent meaningful recovery.
Momentum indicators further reinforce bearish conditions. Both MACD and ADX display a seller-driven environment. Oscillators such as RSI (38.8), Stochastic RSI, and CCI confirm oversold conditions, while Bollinger Band Percent (BBP) reflects continued selling pressure. The Awesome Oscillator also aligns with the negative trend. SHIB opened at $0.0000079 and slipped 4.27% to $0.0000077–$0.0000079. Intraday volatility remains low, yet downward pressure continues, suggesting traders should prepare for further weakness.
What Traders Can Expect in the Coming Week
Looking ahead, SHIB is likely to move within a narrow range between $0.0000070 and $0.0000082. Current conditions suggest more than an 80% chance of additional decline. Any rebound is unlikely without strong buying momentum, which has not yet emerged. A bullish breakout would require a decisive close above the $0.00000852 resistance, but this scenario appears distant given prevailing trends.
On the downside, a breach of $0.0000070 could open the path to deeper losses. Investors should monitor volume and momentum indicators closely for early warning signs. The token may consolidate sideways within this range, offering limited trading opportunities. Those holding long positions may want to consider risk management strategies to protect capital.
Overall, Shiba Inu faces a challenging environment. Technical indicators, recent liquidations, and weak momentum signal continued pressure. Traders should watch key support and resistance levels carefully. Short-term rebounds are unlikely, and further decline remains the most probable scenario.
