Shiba Inu Price Prediction: SHIB Holds Support, Bulls Return Shiba Inu Price Prediction: Shiba Inu (SHIB) is trading near $0.00000425 after finding support at the lower boundary of a multi-da
Shiba Inu Price Prediction: SHIB Holds Support, Bulls Return
Shiba Inu Price Prediction: Shiba Inu (SHIB) is trading near $0.00000425 after finding support at the lower boundary of a multi-day descending channel.
While the broader trend remains bearish, the latest price action suggests buyers are attempting to build a short-term recovery from a crucial demand zone.
Technical indicators across the 1-hour, 4-hour, and daily charts show SHIB approaching a decision point of Shiba Inu price prediction.
A successful breakout above the structure could trigger a rally toward multiple resistance levels, while losing key level may extend the ongoing downtrend.
Recent liquidation data shows very limited bearish positioning.
Source: Taken From Coinglass
TimeframeTotal LiquidatedLongsShorts1 Hour$22.63$22.63$04 Hours$22.63$22.63$012 Hours$344.24$285.26$58.9824 Hours$26.59K$6.09K$20.50KThe latest 24-hour liquidation profile shows approximately $20.5K in short liquidations, significantly exceeding long liquidations.
This imbalance indicates bearish traders were forced to exit positions as $SHIB stabilized, often an early sign that selling pressure is fading.
Volume Heatmap
Source: Taken From Coinglass
Exchange volume remains concentrated on:
LBank: $38.04M
OKX: $9.61M
Bitget: $9.38M
BingX: $5.95M
MEXC: $3.53M
Strong trading activity across multiple exchanges suggests liquidity remains healthy despite the recent correction.
4-Hour Chart Shows $SHIB Bulls Regaining Short-Term Control The 4-hour chart continues analysis of Shiba Inu Price Prediction to trade inside a well-defined descending Trend Structure
Source: Taken From Tradingview
Despite the prevailing bearish structure, $SHIB has recently bounced from channel level and is printing higher lows.
This signals that bearish momentum is gradually weakening.
The first confirmation of strength would come with a close above the structure level
Such a move could attract fresh buying pressure toward higher resistance levels.
If $SHIB breaks above structure level, buyers may target the following Rejection Zones:
Resistance 1:$0.00000442
Resistance 2:$0.00000460
Resistance 3:$0.00000475
Breaking above all threeSelling Zone levels would invalidate the short-term bearish structure and could open the door for further upside.
$SHIB Price Defends on key level, Breakout Setup Remains IntactOn the 1-hour timeframe, $SHIB continues respecting a rising trendline that intersects with horizontal Demand Zone around $0.00000410-$0.00000415.
This confluence zone has attracted buyers multiple times, preventing another sharp decline.
Source: Taken From Tradingview
Price is now testing the upper boundary of the descending channel, making the next few candles important for confirming the next directional move for Shiba Inu Price Prediction.
If buyers maintain momentum, SHIB could attempt a breakoutabove the channel resistance.
$SHIB Price Holds Above These Critical Support LevelsPrimary Support:$0.00000410-$0.00000415
A breakdown below this region would likely send $SHIB toward the lower boundary of the daily channel near $0.00000390, where buyers may attempt another defense.
Shiba Inu Price Prediction Today: $SHIB Tests Key
The technical outlook remains cautiously bullish while $SHIB trades above $0.00000410.
A breakout from the descending channel could send the meme coin toward $0.00000442, followed by $0.00000460 and eventually $0.00000475.
However, if sellers push $SHIB below the current support zone, the bullish scenario would weaken, increasing the probability of another decline toward $0.00000390.
For now, traders should closely monitor the descending channel resistance, as it will likely determine $SHIB's next major move.
Bottom LineShiba Inu remains at a crucial technical crossroads as it trades near $0.00000425 within a descending channel.
Buyers have defended the key $0.00000410-$0.00000415 support zone, increasing the possibility of a breakout toward $0.00000442, $0.00000460, and $0.00000475 if bullish momentum continues.
However, a break below support would invalidate the recovery setup and could send $SHIB back toward $0.00000390.
Traders should watch the channel resistance closely, as the next breakout or breakdown is likely to determine $SHIB's short-term direction.
Disclaimer: This article is for informational and educational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile, and prices can change rapidly. Always conduct your own research (DYOR) and consult a qualified financial advisor before making any investment decisions
