SHIB today news: Shiba Inu outlook weak with high risk of further decline below $0.0000070

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Shiba Inu slips 4.27% today

Highlights

Shiba Inu's derivatives market saw a 3,000% liquidation imbalance, inflicting major losses on long-position holders and intensifying SHIB futures volatility.
Investor Neil Patel cautioned on Shiba Inu's limited utility, waning community momentum, and transparency issues as key risks to its outlook.
Shiba Inu's large token supply remains a significant concern for sustained value appreciation and future price stability.

Liquidation spike and warnings fuel heightened Shiba Inu volatility

Shiba Inu recently experienced a significant 3,000% liquidation imbalance in its derivatives market, resulting in substantial losses for long-position holders and signaling heightened volatility in SHIB futures trading. Additionally, investor Neil Patel issued a warning over Shiba Inu's limited utility, declining community momentum, transparency concerns, and the risks related to its large token supply.

Broadly oversold signals and weak momentum constrain intraday recovery

Momentum remains negative, with both the MACD and ADX showing a weak, seller-driven environment. Multiple oscillators—RSI (38.8), Stoch RSI (oversold), and CCI (oversold)—highlight oversold conditions, while BBP confirms seller dominance during the session. The Awesome Oscillator also supports the bearish outlook. SHIB opened today at $0.0000079 after a negligible gap from the previous close and has slipped 4.27% to the lower end of its daily range ($0.0000077–$0.0000079). Intraday volatility is low, with evident price pressure following the open and no meaningful rebound visible. The daily movement aligns closely with prevailing negative momentum, with no significant divergence among major indicators.

High probability of extended decline sets narrow outlook range

For the upcoming week, the expected price range is set at $0.0000070–$0.0000082, which reflects the typical volatility band relative to current levels. The probability of further price decline remains very high (more than 80%), and a rebound in the short term is unlikely. The baseline scenario sees SHIB consolidating sideways within this corridor, while a bullish breakout would require a decisive close above the $0.00000852 resistance. A bearish extension is probable if the price falls below the $0.0000070 support, opening the way for deeper declines.

Anton Kharitonov, analyst at Traders Union, sees Shiba Inu locked in a decisive bearish trend, reinforced by oversold momentum and failed support levels. He remains cautious as technical signals align with recent sentiment setbacks, including major liquidations and market skepticism about the token’s real-world value. Kharitonov believes any recovery will require breaking the dynamic $0.00000852 resistance, which is unlikely in the near term. "Until SHIB can reclaim higher ground and build lasting demand, sellers remain firmly in control and downside risks prevail."

Source of Data: SHIB Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.