-3.29% for Shiba Inu — bullish signals countered by daily downside pressure

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Shiba Inu drops 3.29% today

Highlights

Shiba Inu experienced a 1,153.92% jump in hourly netflow during the Tuesday Asian session, with spot inflows reaching $144,380 against $108,020 outflows.
Total spot net inflows for Shiba Inu over the past 24 hours totaled $2.02 million, signaling heightened market interest in the asset.
The net gain of $36,370 in a single hour reflects growing participant engagement and could indicate increasing bullish sentiment for Shiba Inu.

Rising participant interest drives sharp uptick in spot net inflows

Shiba Inu saw a notable surge in spot net inflows, highlighted by a 1,153.92% increase in hourly netflow during the Tuesday Asian session. The platform recorded $144,380 in spot inflows and $108,020 in outflows over the hour, for a net gain of $36,370. Over the past 24 hours, total spot net inflows reached $2.02 million, reflecting growing participant interest.

Bullish momentum diverges from intraday weakness at technical thresholds

From a technical perspective, SHIB finds dynamic support at the Ichimoku Kijun ($0.00000849), with immediate resistance at the MA-5 EMA ($0.00000870). Short- and medium-term moving averages confirm positive momentum, but the price action remains constrained by the MA-200. Momentum indicators show mixed signals: MACD and ADX readings confirm an emerging trend and bullish momentum, while RSI (57) and CCI suggest modest upside that is not overbought. The Stochastic RSI near 45 flags minor near-term weakness, whereas Bull/Bear Power remains positive and the Awesome Oscillator also supports a constructive bias. Despite positive momentum readings, SHIB is trading near the low of today’s range with some downside pressure, pointing to a divergence between medium-term bullish signals and intraday softness.

Sideways outlook as breakout probability dips below key level

In the coming five sessions, SHIB is likely to stay within a volatility band of $0.00000765 to $0.00000885. A bullish scenario would require a breakout above $0.00000885, signaling renewed upward momentum, but this has a less than 20% probability based on current weekly indicators. If the price loses support at the Ichimoku Kijun ($0.00000849), bearish sentiment could increase and send SHIB toward lower support near $0.00000765. The baseline expectation is for further sideways movement within this range, acknowledging signs of both momentum and near-term weakness.

Viktoras Karapetjanc, leading analyst at Traders Union, sees renewed optimism in Shiba Inu's short- and medium-term outlook. He notes strong spot inflows and building participant interest, while price remains above key moving averages. Still, he observes that the longer-term trend needs more validation. The base case is sideways movement with bullish risk if $0.00000885 is breached. "Momentum is growing as inflows rise, so any breakout above resistance could open up more upside," he says.

Previously it was reported that Shiba Inu continues to trade above its short- and medium-term moving averages with daily momentum indicators (MACD, ADX, RSI) signaling ongoing bullishness, although significant long-term resistance remains overhead. Despite positive momentum and dynamic support holding, increasing exchange inflows and shifting holder profitability suggest elevated downside risks and likely range-bound consolidation in the near term.

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.