SHIB today news: forecast suggests downside risk remains elevated with low rebound probability

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Shiba Inu falls 14.65% today

Highlights

Shiba Inu (SHIB) trades at $0.0000103, down 14.65% daily and below its MA-20, MA-50, and MA-200, confirming persistent bearish momentum.
Technical analysis shows firm downward pressure and oversold conditions, with MACD, RSI, and oscillators signaling ongoing weakness and sellers dominating intraday action.
The projected 5-day range is $0.00001082 to $0.00001248 with a less than 20% probability of price increase, making further downside likely.

Investor focus shifts amid alternative meme coin discussions

Recent market action has been shaped by a gradual drop from the $0.000012 zone as SHIB continues to find support near $0.000010. Ongoing discussions about alternative meme coins, such as MAGACOIN FINANCE, may be diverting some investor focus away from SHIB. The asset saw a slight decline of 0.13% on October 10, 2025.

Bearish momentum persists on mixed signals and volatility

Technical analysis shows SHIB is trading well below its key moving averages, with the current price at $0.0000103 falling short of the MA-20 ($0.0000120), MA-50 ($0.0000125), and MA-200 ($0.0000129). This positioning points to firm downward pressure across short-, medium-, and long-term trends, with the nearest dynamic resistance at $0.0000103, defined by the Ichimoku Kijun line. Momentum signals are mixed. MACD and RSI suggest ongoing weakness, and both Stoch RSI and CCI reflect oversold conditions. BBP indicates that sellers continue to dominate intraday action, while the Awesome Oscillator aligns with the prevailing downward move. There was a clear gap down from yesterday’s close of $0.0000120 to today’s open at $0.0000097. The current price is trading near the intraday high of $0.0000104, but the day remains highly volatile with pronounced selling pressure after the open. Despite some temporary stabilizing signals from oscillators, momentum and trend indicators confirm the prevailing bearish tone.

Downside risk prevails as upside probability remains low

For the coming week, the expected 5-day price range is $0.00001082 to $0.00001248, centering near an average of $0.00001165. The probability of price increase is very low (less than 20%), making further downside more likely. In the baseline scenario, SHIB continues to fluctuate within a sideways corridor between support and resistance. A sustained move above $0.0000103 could target higher levels, but this is less likely given the trend. A decisive breakdown below recent lows would open the way for further declines.

Anton Kharitonov, Traders Union expert, notes that Shiba Inu (SHIB) remains under consistent bearish pressure as technical factors continue to outweigh any positive sentiment. He sees that the pronounced daily loss of 14.65% and the failure to recover key moving averages signal that sellers are firmly in control, while the current support near $0.000010 is being repeatedly tested. With upside probability under 20% according to the latest data, Kharitonov remains cautious. "As long as SHIB trades below $0.0000103 and fails to reclaim moving averages, I do not trust the upside."

Previously, it was noted that coin burning serves as a central narrative for the Shiba Inu community. Last time, we reported that exchange reserves reached 85.1 trillion SHIB, signaling increased sell-side pressure despite ongoing ecosystem support.

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.