Shiba Inu Price Prediction: SHIB’s Recovery Stalls As Momentum Weakens

• Shiba Inu trades near $0.00001065 after recovering from a drop under $0.00000980.
• On-chain data shows $1.15M in outflows, reflecting weak retail sentiment and subdued inflows.
• Key resistance remains at $0.00001150–$0.00001250, while support is anchored at $0.00001000.

Shiba Inu price today trades near $0.00001065 after a sharp recovery from last week’s drop below $0.00000980. The bounce came as buyers defended the multi-month ascending trendline support, but momentum has stalled below the $0.000011 resistance. Market sentiment remains cautious as traders weigh technical compression against fading inflows and subdued retail participation.

Shiba Inu Price Stuck Below Descending Resistance

The daily chart shows SHIB trapped within a large descending triangle pattern that has been compressing since April. The upper boundary near $0.00001330 remains a key structural ceiling, while support has consistently held near $0.00001000. The 20-day EMA sits at $0.00001124, slightly below the 50-day EMA at $0.00001253, highlighting a mild bearish alignment.

The 100-day and 200-day EMAs near $0.00001300 and $0.00001336 reinforce the overhead resistance zone. Unless SHIB reclaims these levels, the broader structure stays under downward pressure. The Money Flow Index (MFI) at 40 shows weak accumulation, while RSI at 41 indicates the recovery lacks conviction.

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On-Chain Data Shows Mild Outflows

According to Coinglass, SHIB recorded a $1.15 million net outflow on October 15, extending a trend of subdued liquidity. Exchange data since midyear reveals persistent small outflows alternating with brief inflow spikes, suggesting that large holders remain inactive and retail sentiment has yet to recover.

This on-chain pattern underscores a wait-and-see approach among traders. Without a sustained pickup in inflows, SHIB’s price could continue oscillating between $0.00001000 and $0.00001150 as volatility compresses. Analysts caution that a sharp break below $0.00001000 would likely trigger stops and expose deeper supports near $0.00000940.

Short-Term Chart Shows Neutral Bias

On the 30-minute chart, SHIB trades within a narrow band between $0.00001060 and $0.00001070, with the Supertrend indicator showing mixed signals. The short-term structure turned neutral after an intraday rebound failed to break the $0.00001090 resistance. RSI readings between 41 and 49 reflect limited directional momentum.

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Traders are watching for a decisive move above $0.00001090 to confirm a near-term reversal. If price breaks lower instead, the $0.00001000 level will once again be tested as the last strong defense before bearish continuation.

Technical Outlook For Shiba Inu Price

Shiba Inu’s technical map remains tightly constrained between converging support and resistance lines. The symmetrical compression pattern suggests a breakout may occur soon, but direction remains uncertain. Key resistance sits between $0.00001150 and $0.00001250, while immediate support is anchored at $0.00001000.

Outlook: Will Shiba Inu Go Up?

The near-term outlook for Shiba Inu depends on whether buyers can defend the $0.00001000 floor while re-establishing strength above the EMA cluster. The prolonged consolidation and fading volume hint at indecision, but a breakout above $0.00001150 could trigger momentum toward $0.00001250 and $0.00001330.

Conversely, losing $0.00001000 would signal renewed weakness and could drag price toward $0.00000940, erasing the October rebound. For now, SHIB remains range-bound, with traders watching for a volatility expansion that defines its next major move.

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