Can It Recover Amid Bearish Momentum?
Shiba Inu (SHIB) continues to struggle as bearish momentum dominates the crypto market. The SHIB price today stands at $0.0000131. Despite ongoing token burns and strong community support, the Shiba Inu price forecast remains uncertain. Can SHIB/USD stage a comeback?
Shiba Inu Chart Analysis: Key Levels to Watch
The SHIB/USDT technical analysis reveals critical price zones that could determine the coin’s next move.
Support Levels:
$0.00001291 – Immediate support, failure to hold could trigger more downside.$0.00001100 – Stronger support zone, tested multiple times in the past.
Resistance Levels:
$0.00001739 – Key breakout zone, breaking above would confirm bullish momentum.
$0.00001565 – Near-term resistance, reclaiming this could spark a relief rally.
Shiba Inu Price Prediction: Will SHIB Rebound?
The Shiba Inu forecast remains uncertain as SHIB/USD struggles to find a bullish catalyst. For a SHIB price breakout, it must overcome resistance at $0.00001565 and establish a new support base.
Several SHIB price factors could influence future movements:
Bitcoin’s price trend – A BTC recovery could trigger a broader market rally, benefiting SHIB price action.
Market sentiment – Increased investor interest or whale accumulation could reverse the Shiba Inu price trend.
Shibarium development updates – Progress in Shiba Inu’s Layer-2 scaling solution could boost adoption.
Should You Purchase Shiba Inu at This Time?
The Shiba Inu price prediction for 2025 remains a tug-of-war between bulls and bears. If SHIB/USD can break above $0.00001565, it might spark a trend reversal, especially with the RSI crawling out of oversold territory—a classic momentum boost.
If SHIB price fails to hold $0.00001291, it will tumble further. For now, traders should keep an eye on SHIB support and resistance levels.