Shiba Inu (SHIB) has slipped below the psychologically significant $0.000005 threshold, trading at $0.00000495, as technical indicators on multiple timeframes point to sustained bearish press
Shiba Inu (SHIB) has slipped below the psychologically significant $0.000005 threshold, trading at $0.00000495, as technical indicators on multiple timeframes point to sustained bearish pressure.
On the daily chart, SHIB attempted to break higher in late September, rising toward $0.00000625. However, the upward move was cut short near the 200-day moving average, which remains at approximately $0.00000560. Since this failure, SHIB’s price has fallen through several important moving averages—including the 50-day, 100-day, and 20-day—now positioned between $0.00000526 and $0.00000545. These levels, once support, have now turned into resistance, blocking meaningful upward movement.
The nearest major support is around $0.00000480. If SHIB closes below this area, the price could move toward $0.00000440, deepening the decline. The daily Relative Strength Index (RSI) stands near 40, signaling a weak market but not yet an oversold scenario. Meanwhile, trading volume has declined, suggesting neither buyers nor sellers are currently dominating the market.
Level Price Status Daily resistance (200-day MA) $0.00000560 Resistance Short-term resistance range $0.00000526–$0.00000545 Resistance Immediate support $0.00000480 Support Next support $0.00000440 Potential supportMini dictionary: Moving average (MA), a widely used technical indicator in financial markets, calculates the average value of a security’s price over a specific number of periods. Traders use it to identify trends and potential support or resistance levels.
The 4-hour chart backs up the bearish outlook, showing a well-defined downtrend since October 7. Each attempt to rise has stalled below key moving averages, which are now sloping downward and reinforcing the negative sentiment. The black 200-period average is near $0.00000536, and the orange 100-period average sits close to $0.00000526. Even the short-term green moving average at $0.00000502 has acted as resistance.
After falling to $0.00000480 on October 19, SHIB managed a weak bounce, but the momentum failed to carry the price through the nearest resistance. The 4-hour RSI hovers around 45, a neutral level indicating neither side currently holds an advantage. For positive momentum to return, SHIB would need to achieve a 4-hour close above $0.000005, marking the first step toward recovery.
Weekly analysis highlights the ongoing downtrend that has shaped SHIB’s price action since early 2025. All significant moving averages remain in downward trajectories. The 200-week moving average, represented by the black line, is located at $0.0000114, which is substantially higher than the present value.
In July, SHIB created a bottom near $0.00000405 before trading within a sideways range between $0.00000450 and $0.00000650. Current weekly candles are red, pointing toward renewed weakness and bringing prices closer to the lower part of this established range. The weekly RSI is about 45, and volume at these levels is notably subdued, indicating diminishing trader interest.
For bullish traders, reclaiming $0.000005 and then moving above $0.00000526 are critical milestones to shift sentiment. On the downside, a decisive break under $0.00000480 could open the door to retesting July’s lows and potentially extend the current slump. Until SHIB establishes support above its closely watched averages, the dominant trend remains to the downside across daily, 4-hour, and weekly perspectives.
Should SHIB fail to hold $0.00000480, the decline may accelerate toward $0.00000440, underscoring sellers’ control until the price decisively reclaims previous support levels.
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