shiba

#Shiba Inu shows a short-term rebound, but broader momentum remains weak as traders watch whether bulls can hold key support zones.
Shiba Inu (#SHİB ) is showing a short-term rebound, rising about 4.7% over the past 24 hours to trade near $0.00000685 after bouncing from intraday lows around $0.00000650. The chart shows a steady recovery through the session, with price briefly approaching the upper end of the daily range at $0.00000699.
Trading activity remains futures-heavy, with roughly $184.1 million in futures volume compared to about $40.7 million in spot volume over the last 24 hours. SHIB’s market cap sits near $4.03 billion with open interest currently around $78.8 million. 
Despite the daily gain, broader performance remains under pressure, as SHIB is still down roughly 11% over the past week, more than 14% in the last 14 days, and about 18% over the past month. The question now remains: will Shiba Inu bulls defend key support to test further resistance ahead?
Can Shiba Inu Bulls Defend Key Resistance?
Shiba Inu has recently bounced off its lower Bollinger Band on the daily chart, which was acting as the immediate support zone, meaning the bulls have defended this support. As long as SHIB remains above this lower volatility boundary, sitting at $0.00000657, downside pressure may stay contained, although a daily close below it would signal renewed weakness. It could also open the door to a deeper retracement toward prior consolidation zones like $0.0000062.

On the upside, SHIB continues to face layered resistance from the Bollinger Bands’ midline at $0.00000767, which corresponds to the 20-day simple moving average. This level has previously capped multiple rebound attempts, reinforcing it as a key short-term barrier.
Above that, the upper Bollinger Band at $0.00000877 represents a stronger resistance zone, where price previously faced rejection. If SHIB can breach this level, it could open the road to further highs like $0.00001, as long as support holds firm.
Meanwhile, momentum indicators remain cautious. Specifically, the MACD is firmly in negative territory, with the signal line below the baseline and histogram bars extending to the downside. While the selling pace has slowed compared to earlier sessions, there are no confirmed bullish crossovers yet. For sentiment to improve, traders will be watching for the MACD histogram to flatten and begin contracting, alongside a potential bullish crossover.
SHIB’s Price Depends on This Support
In separate market commentary, Ali Martinez stated that Shiba Inu’s structure depends on holding above the $0.0000066721 level, which marks a major weekly support on the chart. This zone has repeatedly acted as a demand floor during previous consolidations.

If SHIB maintains price action above $0.0000066721, it could launch to resistance levels like $0.0000148. However, a confirmed weekly close below this level would signal a breakdown of support and open downside risk toward the next zones near $0.0000029954 and $0.0000013522.
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Despite recent weakness, #Shiba Inu buyers are stepping in to defend a key support zone, increasing the chances of a short-term rebound. 
The broader financial downturn continues to pressure cryptocurrencies, driving major assets lower. Notably, Shiba Inu has repeatedly tested a critical support level, and analysts now suggest the token may be preparing for a bounce.
Key Points 
Shiba Inu is repeatedly defending a critical support level around $0.00000724. The token last traded near this zone last month and has since returned amid a broader market pullback. Sustained support at this level strengthens the case for a potential short-term rebound. However, any meaningful upside would require SHIB to reclaim and hold above $0.00000809. 
Rebound Imminent? 
Popular community analyst SHIB KNIGHT highlighted the observation in his latest Shiba Inu analysis. The accompanying chart shows SHIB pressing into a well-defined support zone around $0.00000724 after a sharp pullback. 
As a result, he noted that buyers have repeatedly defended the price from falling below this crucial support. This pattern signals strong demand at lower levels and growing seller exhaustion. As support continues to hold, KNIGHT suggested that the setup may signal an imminent rebound. 

Historical Context 
For context, SHIB last traded at $0.0000072 in December 2025 during a broader market decline. Although early recovery attempts failed, bulls regained control earlier this month, pushing the token toward $0.00001. 
However, persistent selling pressure soon dragged SHIB back to the $0.0000072 support yesterday amid the broader market slump. Despite ongoing volatility, buyers have stepped in aggressively to defend this level, limiting further downside. 
Currently, SHIB trades near this support zone at approximately $0.000007276 and could be aiming for a rebound, according to KNIGHT. However, a clean break below the level would invalidate the setup and could open the door to further downside. 
Shiba Inu Next Move
Meanwhile, Shiba Inu has faced sharp volatility over the past day, with prices swinging between $0.0000075 and $0.0000071. As a result, SHIB lost a key support at $0.00000748, which has now flipped into resistance, while $0.00000724 serves as the immediate support. However, if this level fails, the next support lies at $0.0000069, which could offer temporary relief if selling pressure persists. 
Moreover, SHIB must reclaim the 0.236 Fibonacci retracement level around $0.00000809 to trigger any meaningful upside. Else, recovery attempts may remain limited. 
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