The Shiba Inu price today is trading around $0.00001165, showing signs of hesitation near local resistance after a mild recovery from last week’s lows. Price remains wedged between a reclaimed demand block and trendline resistance, with indicators signaling compression and low conviction.
What’s Happening With Shiba Inu’s Price?
Shiba Inu price dynamics (Source: TradingView)
On the 1-day chart, SHIB is attempting to stabilize above the weak low of $0.00001000 after forming a minor BOS (break of structure) from the June 22 reversal. Despite recovering from the $0.00001020 demand area, price action remains trapped under the descending trendline that started in April, with key resistance looming around $0.00001185–$0.00001218.
The Smart Money Concept chart shows ChOCHs (change of character) across March and May, and SHIB continues to print lower highs, suggesting the broader structure remains bearish unless it reclaims the $0.00001368 pivot. The most recent price rejection aligns with historical EQHs and overlapping supply at $0.00001244.
Why Shiba Inu Price Going Down Today?
The MACD on the 30-minute chart is flatlining near the zero line, showing a lack of momentum on either side. The RSI sits at 48.76, indicating neutral territory with a slight downward lean.
The OBV has also flattened near 292.29T on the daily timeframe, suggesting volume inflows have paused. Additionally, the True Strength Index (TSI) remains deep in negative territory at -23.6, reinforcing the lack of sustained bullish pressure despite intraday rebounds.
SHIB Price Indicators Signal Range-Bound Pressure Ahead
The 4-hour Bollinger Bands are beginning to squeeze around price near $0.00001185, while the Keltner Channel is also compressing between $0.00001104 and $0.00001189. This tight volatility band hints at a possible breakout, but direction remains unclear until price decisively closes above $0.00001200.
The Shiba Inu price is struggling to break above a confluence of resistances — including the 20/50/100/200 EMAs, which are tightly packed between $0.00001141 and $0.00001244. This bearish EMA alignment is putting pressure on any bullish follow-through.
Trendline projections on the 30-minute chart show SHIB trapped in a wedge pattern between $0.00001158 support and $0.00001179 resistance. Meanwhile, the EFI (Elders Force Index) has dropped to 3.05K, signaling weakening bullish force after a recovery spike. A break in either direction could act as a short-term trigger, but the lack of bullish divergence on the RSI and weakening EFI keeps momentum capped.
SHIB Price Prediction: Short-Term Outlook (24h)
Over the next 24 hours, the Shiba Inu price action is likely to remain range-bound between $0.00001140 and $0.00001185 unless a breakout occurs. The lower bound near $0.00001120 serves as the first key support, followed by the reclaimed zone around $0.00001060–$0.00001080.
A bullish breakout above $0.00001185 could lead to a squeeze toward $0.00001244. However, failure to hold above $0.00001158 risks sending SHIB back to the structural support near $0.00001100, and eventually to the $0.00001020 strong low zone.
Given the RSI stalling near neutral, the flat MACD crossover, and the bearish EMA structure, the Shiba Inu price volatility is tightening, and a breakout (up or down) may be imminent — but confirmation is lacking so far.
Shiba Inu Price Forecast Table: June 26, 2025
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