Shiba Inu rises 1.49% as infrastructure developments counter bearish technical pressure

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Shiba Inu gains 1.49% today

Highlights

A security breach in the Trust Wallet Chrome extension (v2.68) led to $7 million in losses for the Shiba Inu ecosystem, prompting urgent updates and community warnings.
Active threats from impersonators, significant token movements, and debates on token supply and deflationary mechanisms have increased investor caution and volatility around Shiba Inu.
Shibarium rollout and ShibOS development environment aim to enhance scalability and adoption, while increased whale activity and liquidity shifts signal ongoing strategic interest in the project.

Liquidity shifts and security issues reinforce caution despite ecosystem growth

The Shiba Inu ecosystem has recently confronted a security breach in the Trust Wallet Chrome extension (v2.68), resulting in $7 million in losses and prompting urgent updates and warnings from the community to protect holders. Ongoing threats from impersonators, as well as large token movements and continued debates around token supply and deflationary mechanisms, have contributed to heightened market caution. Meanwhile, infrastructure enhancements like the rollout of Shibarium and the ShibOS development environment aim to boost scalability and adoption. Increased whale activity and shifts in liquidity reflect underlying strategic interest in the project.

Mixed indicator signals as technical resistance caps modest trend strength

Technical analysis confirms that SHIB remains under broad bearish pressure, with the current price below the MA-20, MA-50, and MA-200 on the daily chart. Immediate dynamic resistance is marked by the Ichimoku Kijun level at $0.00000824, while both MA-20 and MA-50 serve as additional overhead resistance levels. Support is provided by recent lows, and indicators present mixed signals: the MACD D1 stands on a strong sell, ADX suggests modest trend strength, RSI is muted at 41, Stoch RSI flashes overbought, CCI stays neutral, and BBP reflects seller dominance.

Sideways price action expected amid low breakout probability

Over the next five trading days, SHIB is likely to fluctuate within the $0.0000074 to $0.0000078 band, reflecting typical volatility relative to current levels. Technicals suggest a low probability — less than 20% — of a strong upward breakout, supporting a baseline scenario of sideways action. A move above the $0.0000082 resistance could set off a bullish scenario, while a drop below the $0.0000074 support would confirm further downside pressure.

Viktoras Karapetjanc, senior analyst at Traders Union, believes Shiba Inu remains under broad technical pressure but sees signs of strategic interest from large holders and developers. Security challenges and market caution persist, yet ongoing network improvements and active whale engagement hint at longer-term potential. The analyst notes volatility is likely in the short term, with resistance at $0.0000082 and support near $0.0000074. He expects sideways price action for now, while closely watching adoption news and ecosystem updates for a bullish spark. "Despite recent headwinds, I remain constructive on SHIB — sustained innovation and community support could surprise to the upside if the broader crypto sentiment turns," Karapetjanc says.

Previously it was reported that Shiba Inu (SHIB) continues to trade near recent highs though it remains below major moving averages and faces sustained bearish momentum amid weak RSI, negative CCI, and strong selling pressure on the MACD. Key resistance persists at the Kijun level, with support holding between $0.00000713 and $0.00000717, signaling limited breakout potential and an ongoing risk of further downside if current levels fail.

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.