Shiba Inu (SHIB) price today is trading around $0.00001373 after a sharp rally toward the upper boundary of its multi-month wedge. The token recently touched $0.00001450 before facing resistance, with traders now focused on whether momentum can carry SHIB through this supply zone or if consolidation will take hold.
Shiba Inu Price Holds Above Crucial EMAs
The daily chart shows SHIB stabilizing after a strong breakout above the $0.00001300–$0.00001320 support cluster. The 20-, 50-, and 100-day EMAs have aligned positively, with the 200-day EMA near $0.00001385 acting as immediate resistance.
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Fibonacci retracement levels highlight the $0.00001470 zone as the next major barrier, aligned with the 0.618 retracement. A break above this threshold could validate a larger bullish reversal, while failure to hold above $0.00001300 risks exposing $0.00001250.
Momentum remains constructive. The DMI shows buyers firmly in control, with the +DI line trending well above -DI, reflecting continued bullish pressure.
On-Chain Flows Show Mild Outflows
Exchange flow data reveals a net outflow trend easing into September, though the latest session on September 15 recorded a $347,000 outflow. While modest compared to earlier capitulation waves, the persistence of small outflows suggests that investors are booking profits rather than aggressively accumulating.
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This on-chain positioning underscores the cautious tone around SHIB despite recent price gains. Sustained outflows near support levels would strengthen bullish conviction, but heavier inflows risk signaling short-term distribution if resistance holds.
Supertrend Signals Cooling But Structure Holds
On the 4-hour chart, SHIB remains supported above $0.00001359, where the Supertrend flipped bullish earlier this week. Parabolic SAR dots now hover above price, reflecting short-term selling pressure after the rejection at $0.00001450.
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Still, the structure remains constructive as long as SHIB holds above $0.00001320. A breakdown under this pivot could drag price back toward $0.00001259, where prior support and the lower Supertrend threshold converge.
Technical Outlook For Shiba Inu Price
Immediate resistance remains at $0.00001385–$0.00001450, a zone that overlaps with the 200-day EMA and upper wedge boundary. Clearing this level could trigger momentum buying, opening the path to $0.00001500 and $0.00001597. Beyond that, $0.00001750 marks the next cycle target.
On the downside, failure to hold $0.00001320 would expose $0.00001250, with deeper losses risking a retest of $0.00001182. A break below this level could unwind much of September’s rally.
Outlook: Will Shiba Inu Go Up?
Shiba Inu price prediction remains cautiously bullish as long as SHIB sustains above $0.00001320. The alignment of EMAs, strong DMI readings, and long-term wedge structure all favor another breakout attempt if resistance at $0.00001450 is cleared.
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However, muted on-chain inflows and short-term profit-taking signal that momentum could stall without stronger accumulation. For now, SHIB sits at a pivotal juncture where breaking $0.00001450 could unlock a move toward $0.00001600, while failure to hold $0.00001300 may shift sentiment back toward consolidation.
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