Shiba Inu (SHIB) Could Crash Further. Here’s Why

Shiba Inu is facing continued selling pressure, with several technical indicators suggesting that the recent downturn may persist in the short ￰0￱ token has dropped by 8.5% in the last 24 hours, mirroring a broader decline across the crypto ￰1￱ drop has pushed Shiba Inu’s price further down, adding another zero to its value and signaling a potential extension of the bearish ￰2￱ investors are eager to know whether SHIB can stage a short-term rebound, a closer look at the technical indicators reveals a mixed outlook, with a clear bias toward continued ￰3￱ Inu Technical Outlook An overview of SHIB’s key oscillators shows that most remain in neutral territory, reflecting indecision among market ￰4￱ of 11 tracked oscillators, eight currently signal neutrality, two indicate selling pressure, and one reflects a potential buying ￰5￱ Relative Strength Index (RSI), one of the most watched indicators, stands at 45.90 on the weekly chart, roughly at the midpoint between overbought (70) and oversold (30) ￰6￱ positioning suggests that while the token has experienced notable corrections, it has not yet entered deeply oversold territory.

Moreover, the RSI continues to move in line with price action, showing no signs of bullish or bearish divergence that might hint at an upcoming reversal. However, other indicators tell a more cautionary ￰7￱ Moving Average Convergence Divergence (MACD) recently issued a sell signal following a bearish crossover between the MACD line and the signal ￰8￱ crossover is often interpreted as a precursor to further downward ￰9￱ MACD histogram has also turned red, reinforcing the view that bearish sentiment may remain dominant in the near ￰10￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Moving Averages Reinforce the Bearish Bias A deeper analysis of moving averages adds weight to the bearish ￰11￱ 15 key moving averages examined, 14 currently show a sell signal, while only one remains ￰12￱ is now trading below all major short, mid, and long-term moving averages, ranging from the 10-week to the 200-week ￰13￱ alignment across timeframes typically suggests that sellers maintain control of the market and that a recovery might not yet be ￰14￱ combined readings from oscillators and moving averages summarize the broader technical picture for Shiba Inu as a strong ￰15￱ this trend continues, SHIB could be on track for additional losses in the days ￰16￱ Downside Targets According to independent market analyst MMBTrader , $0.000006 represents a crucial support level for Shiba ￰17￱ zone previously acted as a rebound point during the October 10 market crash, when SHIB briefly touched that low before ￰18￱ the current market price of $0.00000937, a retest of that level would imply a decline of approximately 36%.

If selling pressure continues to intensify, this area could again become a focal point for traders watching for signs of a possible stabilization or reversal. Overall, while a few oscillators show neutral readings, the broader collection of indicators, including moving averages and the MACD, suggests that Shiba Inu remains in a vulnerable technical ￰19￱ token’s inability to hold above key levels and the persistence of sell signals across multiple timeframes point to continued caution among ￰20￱ market sentiment shifts decisively, SHIB could face additional downside before finding its next support ￰21￱ : This content is meant to inform and should not be considered financial ￰22￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰23￱ are urged to do in-depth research before making any investment ￰24￱ action taken by the reader is strictly at their own ￰25￱ Tabloid is not responsible for any financial ￰26￱ us on Twitter , Facebook , Telegram , and Google News