SHIB Struggles to Hold Ground
SHIB Price Analysis The meme coin giant Shiba Inu (SHIB$SHIB) is under pressure once again. After several failed attempts to break above its descending resistance line, the price continues to drift lower, signaling an ongoing bearish phase. This SHIB price analysis shows that SHIB’s structure remains weak as sellers dominate the market, pushing the token deeper into its falling channel pattern. Despite multiple recovery attempts, the bulls haven’t managed to form a single higher high in recent sessions.
The Technical Picture Is Clear
From a technical standpoint, SHIB is moving inside a well-defined falling channel — a classic bearish pattern. According to this SHIB price analysis, the descending resistance line has been tested repeatedly, only to reject each breakout attempt. Every rejection reinforces the bearish control, and price action continues to respect lower highs and lower lows. As long as SHIB trades below the $0.0000100 resistance level, the short-term trend remains tilted to the downside.
Key Levels to Watch
In this SHIB price analysis, traders should pay close attention to the $0.0000098 support level. A clean breakdown below this area could open the door for deeper declines toward $0.0000090 and potentially $0.0000085. These zones act as key liquidity pockets where previous rebounds occurred, but repeated testing often weakens their strength. If these levels break, SHIB may enter a new phase of bearish continuation.
Bearish Structure Confirmed
The failure to create higher highs confirms that SHIB’s recent bounce attempts were corrective, not impulsive. This SHIB price analysis notes that momentum indicators, such as the Relative Strength Index (RSI), remain below the neutral 50 zone, showing persistent selling strength. Volume data supports this view — red candles carry higher volume than green ones, proving that sellers remain in control of market activity.
Descending Channel Explained
In technical terms, a falling channel occurs when price moves between two downward-sloping parallel lines. This SHIB price analysis highlights that this pattern typically appears during consolidation phases within a broader downtrend. The upper boundary acts as resistance and the lower boundary as support. SHIB’s repeated rejections at the upper trendline suggest that the bearish channel remains intact and could guide price further down until momentum shifts decisively.
Market Sentiment Turns Cautious
The community sentiment around Shiba Inu has grown more cautious. Traders are now less enthusiastic about short-term rallies, focusing instead on defensive positions. As explained in this SHIB price analysis, social volume for SHIB mentions on platforms like Twitter and Telegram has dropped significantly, while trading interest in SHIB futures has cooled. This lack of retail excitement often precedes longer consolidation periods before any major reversal attempt.
Comparing SHIB to Broader Market Trends
In the broader crypto landscape, assets like Bitcoin and Ethereum are consolidating, but SHIB continues to show relative weakness. This SHIB price analysis emphasizes that meme coins tend to amplify market direction — when the broader market is neutral, SHIB often underperforms. Until Bitcoin breaks decisively higher, SHIB’s probability of reversing its trend remains low.
Whale Activity and Supply Distribution
One interesting observation in this SHIB price analysis involves whale activity. Data suggests that large holders have been distributing their tokens slowly across multiple wallets since the start of October. This redistribution contributes to additional selling pressure and limits price stability. Whale movement tends to influence retail sentiment significantly, as traders often follow large wallet behavior as a directional clue.
The Importance of $0.0000100
This SHIB price analysis identifies $0.0000100 as the make-or-break level. A confirmed close above it could invalidate the current bearish structure and trigger short-covering, potentially sending the token toward $0.0000108–$0.0000110. However, without a strong catalyst or spike in volume, such a breakout appears unlikely in the short term. As long as SHIB stays below this threshold, bears hold the upper hand.
Momentum Indicators Show Weakness
Both RSI and MACD confirm the bearish bias. According to this SHIB price analysis, RSI remains under pressure near 42, while MACD lines are widening in negative territory. The histogram shows consistent bearish momentum, suggesting that downward movement could extend further. Traders should watch for divergence or volume spikes as potential early reversal signals, but for now, no bullish confirmation exists.
Trading Strategy and Risk Management
In this SHIB price analysis, traders are advised to remain cautious. Short-term strategies may favor short positions below $0.0000100 with tight stop-losses around $0.0000102. The take-profit zones should remain between $0.0000090 and $0.0000085, aligning with the lower boundary of the falling channel. Risk management remains critical, as sharp short squeezes can occur unexpectedly in high-volatility meme tokens like SHIB.
The Psychology Behind the Decline
Markets are driven by psychology as much as by numbers. This SHIB price analysis points out that retail investors often lose patience during prolonged consolidations, leading to panic selling near support. Ironically, these panic-driven selloffs can create the liquidity whales need to buy at lower levels. In other words, short-term pain often sets the foundation for future accumulation — but only after capitulation completes.
Potential Scenarios
There are two main scenarios outlined in this SHIB price analysis:
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Bearish Continuation: SHIB loses the $0.0000098 zone, confirming a continuation toward $0.0000090 or lower.
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Temporary Rebound: Price bounces between $0.0000095–$0.0000100 but fails to break above resistance, leading to more range-bound trading.
Both scenarios suggest limited upside until significant volume returns to the market.
Long-Term Perspective
Despite the short-term weakness, Shiba Inu’s ecosystem remains active. Developers continue working on Shibarium, the project’s Layer 2 network. This SHIB price analysis acknowledges that while fundamentals are progressing, price action often lags behind development. Long-term holders may view current price zones as accumulation areas — but traders focused on short-term gains should proceed with caution until trend confirmation.
Final Thoughts: Bearish but Watchful
To conclude this SHIB price analysis, the evidence points to a controlled bearish continuation. SHIB is trapped inside a falling channel, facing consistent resistance near $0.0000100. A break below $0.0000098 could accelerate losses toward $0.0000090–$0.0000085, while only a clean close above $0.0000100 would signal potential reversal. For now, caution and patience remain the smartest strategies.
SHIB’s current weakness doesn’t mean its story is over — it just means the market is testing who’s truly committed to the long game.