The post Shiba Inu Price Nears Make-or-Break Zone, Will it Fall to $0.0000115? appeared first on Coinpedia Fintech News
Shiba Inu price faces a crucial crossroads as technical and fundamental signals converge. Despite a minor price recovery of +1.32% over the last 24 hours to $0.00001181, SHIB is down 8.27% on the week. It also recently hit its lowest level since early August 2025.
The coin’s market cap sits at $6.96 billion with a 24-hour trading volume of $157.01 million, down nearly 37%. This reflects both cautious trader participation and emerging skepticism about a sustained rebound. Investors are closely monitoring whether SHIB can defend its $0.0000115 support level or succumb to broader market headwinds.
Shiba Inu Price Analysis
Shiba Inu’s price action remains a story of technical stress and cautious optimism. The 4-hour chart indicates that the RSI plunged to an oversold 33.9 on September 25. It’s lowest since June, a signal that triggered a modest bounce. However, the underlying trend is less encouraging, as SHIB remains below all moving averages.
This is with its 7-day EMA at $0.0000122 and the longer-term 200-day EMA distant at $0.000013. The MACD histogram remains negative at -0.000000174, showing continued bearish pressure and a lack of bullish momentum.
Although the Federal Reserve’s rate cut on September 17 injected optimism into speculative assets, SHIB’s rally has been lackluster. The price remains capped by resistance at $0.00001359. And the failure to close above the 7-day EMA dims chances for a near-term trend reversal. Notably, the 24-hour trading volume, while consistent with previous rate-cut rallies, is still 35% below SHIB’s 30-day average.
In summary, SHIB’s recent price action represents a technical rebound from oversold territory rather than a convincing recovery. With structural bearishness dominating, only a strong, sustained move above $0.0000122 would suggest any meaningful upside. Bears may seize control if SHIB breaks below the $0.0000115 support, especially if Bitcoin’s dominance surges.
FAQs
Shiba Inu’s price weakness stems from a combination of bearish technical signals, such as trading below key EMAs and a negative MACD. As well as waning Shibarium activity and overall market skepticism, despite a brief macro boost from the Fed’s rate cut.
Traders are focused on $0.0000115 as crucial support and $0.0000122 as near-term resistance.
The market might have viewed the security patch as important but insufficient to reignite enthusiasm.