Shiba Inu price holds below $0.000013 resistance as breakout pressure builds
SHIB trades below $0.00001300 as EMA confluence creates resistance
The Shiba Inu price today is holding steady near $0.00001275 after recovering modestly from a two-day decline that briefly tested the 0.382 Fibonacci retracement level around $0.00001240. While the price rebounded off the 0.5 Fib at $0.00001267, upside attempts remain capped by strong resistance near the 0.618 level at $0.00001294.
The 4-hour chart shows SHIB trapped in a narrowing range between $0.00001240 and $0.00001335, guided by a descending trendline from late April. Price is approaching a compression zone where the 50-period EMA at $0.00001302 overlaps with horizontal resistance. This confluence of barriers points to a technical standoff, with bulls needing a decisive move above $0.00001335 to reclaim short-term momentum.
Shiba Inu price dynamics (May 2025) Source: TradingView.
Why Shiba Inu price today reflects neutral momentum bias
Short-term indicators reinforce the sideways nature of SHIB’s recent price action. The Relative Strength Index (RSI) reads 52 on the 15-minute chart and 47 on the 4-hour chart, indicating a lack of overbought or oversold conditions. Meanwhile, MACD momentum is mixed—flattening on short timeframes and showing a softening histogram on the 4-hour view.
A cluster of EMAs (20/50/100/200) between $0.00001294 and $0.00001305 adds to the squeeze effect, as does tightening Bollinger Band width. Together, these technical features suggest SHIB is building energy for a breakout, though the direction remains unclear.
Shiba Inu price action eyes $0.00001335 breakout for bullish confirmation
After bouncing near $0.00001238 support, SHIB has yet to sustain a move above its near-term ceiling. A clear break through $0.00001335 could open targets at $0.00001395 and $0.00001450. On the flip side, failure to hold current levels risks another retest of $0.00001240, and possibly a drop toward $0.00001200 if sellers regain control.
As previously discussed, Shiba Inu’s price remains defined by compression under $0.00001335. That range-bound behavior, alongside flattening RSI and MACD signals, still holds—suggesting the next move hinges on volume-driven momentum beyond resistance.
