Shiba Inu: Bearish trend and oversold signals led to 1.76% drop

Traders Union
All News
Crypto
Shiba inu slides 1.76% today

Highlights

Shiba Inu (SHIB) trades at $0.0000101, remaining below MA-20, MA-50, and MA-200, reflecting persistent selling pressure and low volatility.
No significant news or corporate actions impacted SHIB on October 12, 2025, with subdued trading interest driven solely by market dynamics.
Technical indicators signal ongoing bearish momentum and oversold conditions, with SHIB expected to trade sideways between $0.00001060 and $0.00001227 barring a breakout past $0.0000111.

Subdued trading interest as news catalysts remain absent

There were no significant news events directly impacting Shiba Inu on October 12, 2025. The lack of recent corporate actions or product developments has contributed to subdued trading interest in SHIB. The broader context remains unchanged, with price action primarily driven by market dynamics rather than news flow.

Bearish momentum persists as technical barriers cap rebounds

Technically, SHIB continues to trade below major moving averages, confirming a sustained bearish bias. The Ichimoku resistance at $0.0000111 serves as the immediate technical ceiling, limiting any breakout attempts. Trend indicators reflect ongoing weakness: the MACD signals continued selling, ADX values of 27.6 (daily) and 24.7 (weekly) support trend persistence favoring bears, and oscillators show an oversold environment with the daily RSI at 30.4 and deeply negative CCI. Stoch RSI and the BBP both signal downside risk, while the Awesome Oscillator reinforces the bearish momentum. Today's price sits near the top of a tight intraday range, suggesting sellers still control the action despite a slight rebound.

Range-bound outlook as oversold signals temper downside

Looking ahead, SHIB is expected to trade between $0.00001060 and $0.00001227, with an average nearby $0.00001144. The likelihood of a price increase remains below 20%, with oversold technical signals limiting immediate downside but overall trend indicators showing little encouragement to buyers. A move above $0.0000111 could trigger a retest of $0.00001227, but failure to hold $0.00001060 would open the risk of fresh monthly lows. The most probable scenario is range-bound, sideways trading within the defined corridor.

Anton Kharitonov, expert at Traders Union, notes that Shiba Inu shows persistent bearishness, with price action constrained below all key moving averages and technicals confirming sellers’ control. He sees no bullish catalysts from recent news or sentiment shifts, leaving SHIB’s outlook uncertain and dominated by range-bound, defensive trading. The upside remains capped unless $0.0000111 is broken, while a fall below $0.00001060 could invite further lows. "Until SHIB decisively reclaims $0.0000111, I remain cautious and see no clear setup for buyers here."

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.