Shiba Inu continues its effort to stabilize after a failed attempt at reversing its long-term trend. Currently trading at $0.00000453, the token has climbed about 1.6% on the daily chart, but
Shiba Inu continues its effort to stabilize after a failed attempt at reversing its long-term trend. Currently trading at $0.00000453, the token has climbed about 1.6% on the daily chart, but bears still maintain an advantage in the broader technical setup.
SHIB has established a consolidation zone near the $0.00000453 level. The price is testing support around $0.00000446, hovering just below the short-term moving average of $0.00000459. A recovery above $0.00000459 would mark an early sign of renewed buyer interest, while $0.00000492 stands as a stronger resistance level that twice rejected price advances following late-July volatility.
A daily close above $0.00000492 may allow for further upside toward $0.00000520–$0.00000550. However, SHIB’s long-term outlook remains weak, as it continues to trade beneath the 200-day moving average at $0.00000581, which is still trending downward. Until SHIB closes above these longer-term trendlines, any rallies should be seen as possible recovery bounces within a larger bearish context.
Immediate support resides between $0.00000440 and $0.00000445. A breakdown below this range could bring the July consolidation zone around $0.00000420 back into focus and open up a test of local lows. On a positive note, the Relative Strength Index (RSI) is at 47.5, suggesting momentum has room to improve and buyers could regain control if demand rises.
Although SHIB rebounded 1.6% daily, breaking through $0.00000492 could unlock a higher price range while a loss of $0.00000440 would risk retesting recent lows.
Bitcoin continues to consolidate within a narrow range, following a 1.2% daily decline that saw the price slide below short-term moving averages to around $62,587. Over recent weeks, Bitcoin has repeatedly tested support between $63,400 and $63,900 without a sustained breakout above this region.
The downward move reinforces short-term seller dominance, backed by momentum indicators: the RSI fell to 40.65, with the signal line at 48.8, showing Bitcoin is not yet oversold. The next key support zone stands between $61,500 and $62,000, an area that has absorbed selling pressure several times since July.
A decisive daily close below this support would weaken the current structure and shift attention to the psychological $60,000 mark. Below that, the late-June lows between $58,000 and $59,000 become the next reference.
LevelTypeCurrent Price/Range$66,500Key resistanceIntermediate moving average$63,400–$63,900Short-term resistanceCurrent trading range$61,500–$62,000Key supportImmediate downside$60,000Psychological levelNext support$58,000–$59,000Major supportJune lowsTo approach more meaningful resistance around $66,500, Bitcoin must recover $63,900–$64,000. Sustained trading above this falling trendline would signal a more substantial bullish shift, although longer-term resistance remains much higher at $71,800.
Buyers need to push Bitcoin above $66,500 to reverse the broader downtrend, while a break below $61,500 could open the way to $58,000.
Near Protocol, a layer-1 blockchain offering fast, scalable smart contracts, continues to face persistent technical headwinds. Despite periods of stabilization near recent lows, NEAR remains under its major moving averages, reinforcing a bearish bias. Reclaiming the short-term moving average cluster is essential for a shift in sentiment.
Sellers still have the upper hand as attempted rebounds fail to convert resistance into meaningful support. The RSI is recovering from previous lows but remains below the neutral 50 level, suggesting potential stabilization but no convincing reversal. NEAR would need to record higher daily lows and break above near-term resistance to confirm a genuine recovery. Further downside could confirm the prevailing pattern of lower highs and lows.
Hyperliquid, a decentralized perpetuals exchange and its governance token HYPE, is in a stronger technical position after holding support near $51–$52 and rebounding to the $56–$57 area. The intermediate moving average at around $57 is the focus, as a daily close above this level could improve momentum and open the door to $60–$61. The long-term moving average, now at $50.90, successfully halted the previous decline. Sustaining this defense is crucial for a larger bullish recovery.
Momentum in HYPE has also picked up, with its RSI recovering toward neutral levels and indicating reduced selling pressure. However, unless buyers push the price above $56–$57, another retest of $53–$54 remains possible. A decisive break below $50.90 could mark a much deeper slide.
As HYPE defends key technical levels, the coming sessions will determine if a true upward breakout materializes or if the consolidation phase continues.
Mini dictionary: Hyperliquid, a decentralized trading platform, specializes in perpetual contracts and leverages non-custodial on-chain settlement mechanisms, aiming to provide users with fast and permissionless derivatives trading without intermediaries.
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