Shiba Inu (SHIB) Price Prediction for 4th June 2025: Can Bulls Hold Support Above $0.00001300 Amid Ongoing Sell-Off?

After breaking down from key resistance near $0.00001450 late last week, Shiba Inu price today continues to hover near the $0.00001310 mark, reflecting uncertainty and growing consolidation pressure in the meme coin segment. The Shiba Inu price has lost over 3% in the last 48 hours, retracing from its recent lower high and testing the 61.8% Fibonacci support around $0.00001310.

What’s Happening With Shiba Inu’s Price?

The daily chart indicates a sustained rejection from the $0.00001480–$0.00001500 zone, which aligns with the 38.2% Fibonacci retracement from the April rally. This rejection triggered a gradual move toward the 61.8% retracement level at $0.00001310. Currently, Shiba Inu price action shows a tentative rebound off this zone, but with weak momentum.

The structure also displays a broader descending triangle that began forming after the May 29 peak near $0.00001590. The triangle base appears to be holding slightly above $0.00001260, with price consolidating between dynamic resistance and this lower demand floor.

RSI, MACD, and Momentum Divergence

On the 30-minute chart, RSI has dropped to around 45, indicating weakening bullish strength after the recent failed breakout. The RSI previously reached overbought territory near 70 but has since cooled off, confirming a short-term exhaustion in upside momentum. Stochastic RSI on lower timeframes is also in a deep oversold zone, suggesting that the downside might be limited near-term, unless a fresh breakdown occurs.

Meanwhile, MACD on the 4-hour chart remains below the signal line, with bearish histogram bars reappearing. This reflects a negative momentum bias and reinforces the idea of a Shiba Inu price update that points to a corrective phase continuing into early June.

Bollinger Bands and Ichimoku Cloud Show Volatility Risk

The Bollinger Bands on the 4-hour chart are beginning to widen again after a brief squeeze, pointing toward increasing Shiba Inu price volatility. Price is currently sitting near the midline, with the upper band near $0.00001385 and the lower band around $0.00001245. A clean break below the midline could trigger a revisit of the lower band or even a full retest of the $0.00001238 region.

The Ichimoku Cloud on the 30-minute chart has also started to turn flat with a bearish twist, as the conversion line crosses below the base line. The price is testing the cloud support region, and failure to hold this zone may confirm a bearish cloud breakdown, especially if the next candles close below $0.00001300.

Key Levels To Watch and Forecast Outlook

If SHIB breaks and closes below $0.00001290–$0.00001300, it could quickly slide back to $0.00001238, where the trendline support from late May remains intact. A further breach would expose the deeper demand zone near $0.00001200. On the upside, bulls would need to reclaim $0.00001344 and eventually close above $0.00001396 (the 0.5 Fib level) to generate a meaningful recovery.

As of writing, there is no visible Shiba Inu price spike, but the symmetrical triangle pattern forming on lower timeframes does hint at a breakout setup over the next 24–48 hours. Whether this results in a bullish reversal or breakdown will likely depend on broader crypto sentiment and risk flows.

Short-Term Forecast Table

Why Shiba Inu price going down today likely stems from fading momentum after a weak attempt to reclaim the mid-Fibonacci levels. Unless bulls can step in decisively above $0.00001350, the meme coin remains vulnerable to broader market pullbacks.