Coin Edition
2025-11-08 16:30:00

Shiba Inu Price Prediction: Trendline Rejection Signals Risk Of Another Pullback

Shiba Inu trades near $0.00001007, holding above support but still below the descending trendline. SHIB remains under all major EMAs, creating a dense resistance cluster that sellers continue to defend. Supertrend flipped bullish, and RSI near 55 signals improving momentum and a potential short-term uptrend. Shiba Inu holds $0.00001007 after a sharp rebound from multi-month support, yet sellers still control the market as price presses into a heavy resistance cluster. Shiba Inu reacted strongly from the horizontal support zone near 0.00000980–$0.00000985. This level continues to show demand. Each time the price has approached it, buyers have stepped up with conviction, preventing a breakdown into lower liquidity. As long as SHIB holds above this band, downside remains limited. However, the rebound must now transition into continuation. The daily chart shows SH… Read The Full Article Shiba Inu Price Prediction: Trendline Rejection Signals Risk Of Another Pullback On Coin Edition .

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