- Shiba Inu price today rebounds to $0.00001222, holding above critical $0.000012 support.
- On-chain holders rise to 1,537,364, reflecting persistent retail conviction.
- Key resistance stands at $0.00001299–$0.00001375, with $0.00001180 as crucial defense.
Shiba Inu price today is trading near $0.00001222, recovering modestly after dipping toward $0.00001190 earlier in the session. The rebound comes as buyers attempt to protect the $0.000012 zone, but resistance remains heavy at $0.00001280 and $0.00001299, where the 20- and 50-day EMAs cluster. The token’s trajectory now hinges on whether technical support aligns with improving on-chain conviction.
Shiba Inu Price Holds Key Support Range
The daily chart shows SHIB locked inside a wide consolidation band between $0.00001180 and $0.00001470. Immediate resistance lies at $0.00001280–$0.00001299, with a stronger barrier at $0.00001368–$0.00001375, aligned with the 100- and 200-day EMAs.
On the downside, $0.00001180 remains the most critical support, backed by previous accumulation zones. A failure here could expose the $0.00001000 psychological level, which has historically provided demand. The Parabolic SAR has turned bearish, and the RSI is tracking near neutral, signaling consolidation rather than momentum-driven breakout.
On-Chain Flows Show Mild Outflows
Spot data reveals a net outflow of $617,000 on September 24, reflecting ongoing distribution pressure. This aligns with the broader pattern of muted inflows since early September, suggesting traders are cautious despite the defended support.
Still, the scale of outflows is relatively small compared to earlier capitulation phases, indicating that Shiba Inu price action may be stabilizing. Futures open interest remains flat, reinforcing the idea that market participants are waiting for a decisive breakout or breakdown before committing further capital.
Holders Base Expands Despite Volatility
Fundamentals show resilience in the Shiba Inu ecosystem. According to Etherscan data, the total number of SHIB on-chain holders has risen to 1,537,364, reversing a recent dip. The increase, while modest, reflects persistent retail conviction even as price consolidation drags on.
Community voices emphasize that “temporary dips can’t stop long-term conviction,” underscoring the token’s grassroots-driven appeal. This narrative provides a counterweight to short-term selling pressure, suggesting that as long as the holder base continues to grow, Shiba Inu price volatility could eventually resolve higher.
Technical Outlook For Shiba Inu Price
Key levels for Shiba Inu price prediction include:
- Upside: $0.00001280, $0.00001299, and $0.00001368 as near-term breakpoints. A decisive move above $0.00001375 would open room toward $0.00001470.
- Downside: $0.00001180 as critical defense. A breakdown would risk a slide to $0.00001000.
- Trend markers: 200-day EMA near $0.00001375 as the line that separates broader bearish from bullish momentum.
Outlook: Will Shiba Inu Go Up?
The immediate path for Shiba Inu depends on whether buyers can hold $0.000012 while absorbing steady outflows. On-chain data shows conviction from long-term holders, but technical momentum remains fragile.
If SHIB price today can reclaim $0.00001299 and push toward $0.00001375, analysts see room for a rebound into the $0.00001470 zone. Failure to defend $0.00001180, however, would risk deeper downside, delaying any bullish recovery. For now, SHIB remains range-bound, with community growth offering a supportive narrative even as traders wait for a technical breakout.
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