Shiba Inu holds steady as dynamic resistance at MA-20 caps upside: weekly forecast

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Shiba Inu slips 0.23% this week

Highlights

SHIB remains under strong medium- and long-term bearish pressure, trading below all key weekly moving averages.
Momentum indicators confirm seller dominance, with persistent oversold conditions and no significant bullish divergences evident.
Price likely consolidates near $0.0000043, with a 7-day projected range of $0.00000385 to $0.00000474 and downside favored.

Security focus grows as Shiba Inu ecosystem responds to domain changes

The Shiba Inu ecosystem alerted users to rely solely on the Shib.io website following the shutdown of certain legacy domains, reinforcing the need for vigilance as ShibTheMetaverse is no longer operated by the project. Community leaders underscored the importance of verifying official links before wallet activity to maintain security. Ongoing initiatives include token burns and continued development on Shibarium, highlighting the focus on ecosystem integrity.

Bearish momentum accelerates as multiple indicators enter oversold

On the weekly chart, SHIB remains below all major moving averages (MA-20, MA-50, MA-200) which act as strong dynamic resistance levels, signaling a persistent bearish trend. Weekly momentum indicators highlight strong seller dominance: the MACD and ADX remain bearish, while the RSI and Commodity Channel Index are deep in oversold territory. The Stochastic RSI also points to oversold conditions, and Bull/Bear Power shows that sellers are in control. Weekly support is noted at $0.00000385, while resistance stands at $0.00000474.

Sideways trading expected as bullish triggers remain absent for week ahead

Over the next 7 days, SHIB is likely to trade in a sideways corridor between $0.00000385 and $0.00000474, with the probability of a breakout to the upside considered low (less than 20%) due to the absence of bullish signals across key weekly indicators. The baseline scenario is continued consolidation near current levels; a close above $0.00000474 would be necessary for a sustainable rally, while a break below $0.00000385 may confirm a renewed bearish swing.

Viktoras Karapetjanc, expert at Traders Union, sees Shiba Inu holding ground near its weekly lows as technical pressure persists but ecosystem developments foster long-term confidence. He notes that the community is focusing on security and project integrity after the recent move to official domains and continued token burns, signaling resilience. Momentum indicators remain firmly bearish this week, keeping the immediate upside limited. However, Karapetjanc believes these efforts build a strong foundation for future recovery if the resistance at $0.00000474 is reclaimed. "As the Shiba Inu community doubles down on ecosystem strength, I see every consolidation phase as an opportunity for strategic accumulation ahead of the next breakout."

Earlier, analysts noted that Shiba Inu was locked in a persistent bearish trend, with sellers maintaining control and technicals offering little sign of recovery. The current analysis reaffirms this outlook, but traders should closely monitor both volatility changes and ecosystem developments as potential catalysts for any shift in market sentiment.

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

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