Shiba Inu (SHIB) Loses Most Importnat Support For Now

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Shiba Inu (SHIB) is trading at $0.00000495 and has dropped below the important $0.000005 mark. The loss of this round level has shifted the short-term mood toward sellers across all three timeframes.

Daily Chart

On the daily chart, SHIB failed to hold the move to $0.00000625 in late September. That high was rejected near the black 200-day moving average, which sits close to $0.00000560. Since then, the price has fallen through the orange, blue, and cyan averages, all of which now sit between $0.00000526 and $0.00000545. These lines have turned into resistance.

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SHIB/USDT Chart by TradingView

The recent low near $0.00000480 is the primary support, and a close beneath it might open the way to $0.00000440. The RSI is near 40, which is weak but not oversold. Volume has also dropped, so neither side shows strong conviction.

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4-Hour Chart

The 4-hour chart shows a clear downtrend. SHIB has been making lower highs since October 7, and every bounce has stopped below the moving averages. The black line near $0.00000536 and the orange line near $0.00000526 now slope down, which confirms the pressure.

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The short green average near $0.00000502 is the closest barrier. The price touched $0.00000480 on October 19 and bounced, but the bounce was weak. The RSI sits near 45, a neutral reading, so a short-term reversal is possible but not confirmed. For buyers, a 4-hour close back above $0.000005 would be the first positive sign.

Weekly Chart

The weekly chart offers the bigger picture, and it remains bearish. SHIB has been in a prolonged downtrend since early 2025, and all major averages point down. The black line is near $0.0000114, far above the current price.

In July, the token formed a bottom near $0.00000405, and it has moved sideways between $0.00000450 and $0.00000650 since then. This range is the key area to watch. The current weekly candle is red, and the price is again sliding toward the lower part of the range. The RSI is near 45, and weekly volume is very low, which indicates weak interest.

Outlook

For bulls, the primary aim is to reclaim $0.000005 and then $0.00000526. For bears, a break below $0.00000480 could trigger a retest of the July lows. Until SHIB climbs back above the closest averages, the trend remains down on every timeframe.



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