Shiba Inu's Make-or-Break Moment: Will It Crash or Rally 25%

Shiba Inu (SHIB) is at a critical point in its market trajectory as it fights to sustain momentum amid persistent bearish ￰0￱ meme coin, which has been consolidating for days, now faces an important technical level that could determine its short-term ￰1￱ the current support zone holds, analysts believe SHIB could attempt a breakout toward higher resistance levels. However, failure to maintain this zone may expose the token to renewed downward ￰2￱ Inu Faces Key Test Around $0.000010 Support Shiba Inu , the second-largest meme token by market capitalization, has struggled to recover from recent market ￰3￱ the sharp correction on October 10, SHIB fell below a key support level, dropping to a multi-year low of $0.0000067.

The token quickly rebounded, reclaiming the $0.000010 zone before briefly climbing to $0.00001129. However, it soon lost traction and mirrored the broader market’s ￰4￱ the 4-hour chart, SHIB found support again at $0.000010 during last Friday’s ￰5￱ token consolidated near that zone before attempting a minor rally earlier this week. Currently, it trades within a narrow range between support at $0.000010 and resistance near $0.000011, forming a parallel ￰6￱ the lower boundary remains crucial for the meme coin’s potential ￰7￱ 4-hour price chart.