Shiba Inu Price Prediction: Sellers Hold the Rise at the Top of the Channel, What Will Happen?

Jakarta, Pintu News – The price of Shiba Inu (SHIB) is currently trading at around $0.00000888 after experiencing a daily recovery of 5%, which pushed the price close to the midline of a long-term descending channel.

This move gave a short-term boost to buyers, but the overall market structure still shows a bearish trend due to resistance above and weak spot flow, which limits market conviction.

Downtrend Channel Still Limits Price Increase

The daily chart shows that SHIB is still moving within the downtrend channel formed since the second quarter. Price remains below the upper boundary of the channel and is also still trading below the 20-, 50-, 100-, and 200-day Exponential Moving Average (EMA).

The area between $0.00000941 to $0.00001175 is the resistance zone that must be broken in order to test this channel structure.

Resistance at the center of the channel is around $0.00000988, which is the level where the price was held several times during September and October. Unless this level is successfully broken, the latest price increase is only considered a temporary bounce in a larger downward trend.

Meanwhile, strong support remains at the lower boundary of the channel, at around $0.00000650. This area has been an important point of defense several times, and is the boundary between a still manageable price drop and a potentially sharper decline.

The RSI indicator has recovered to near the 50 mark, but still lacks strength. This indicates a steady state, not a trend reversal.

Short-term charts show initial recovery, but no confirmation yet

On the 4-hour chart, SHIB has broken the short-term Supertrend resistance around $0.00000826. The dots of the Parabolic SAR indicator are now below the price, which suggests a short-term momentum shift.

Although this breakout is quite clean, it is not strong enough to confirm a change in market structure.

The nearest resistance is in the range of $0.00000897 to $0.00000910. If the price is able to break this zone decisively, sellers will likely start closing positions and the price could move towards important levels around $0.00000988. However, as long as these levels are not broken, the intraday price rally is still vulnerable to correction.

The recent price recovery also formed a higher low pattern, which is a positive signal. This pattern remains valid as long as the price stays above $0.00000826. If the level is broken downwards, the possibility of a price bounce starts to weaken.

Spot Flow Remains Negative Despite Price Strengthening

Spot flow data showed a net inflow of $351,000 on December 3. While this is a positive figure, fund flows are still dominated by the outward trend that has been ongoing since late August.

While the inflows as prices recovered could be seen as a positive signal, the size of the funds coming in is still too small to indicate any sustained accumulation.

Price Outlook: Will Shiba Inu Rise?

Shiba Inu showed a fairly clean short-term recovery, supported by technical signals from the Supertrend indicator and a Parabolic SAR reversal. However, this move is yet to be confirmed in terms of flows, and remains within the dominant downtrend structure.

Bullish (Optimistic) Scenario:

If the price manages to break the $0.00000988 level and closes daily above $0.00001100, this will signal a trend reversal. In this scenario, SHIB has the potential to rise towards the range of $0.00001350 to $0.00001500.

Bearish (Pessimistic) Scenario:

If the price fails to break the resistance level, then there is a possibility of the price dropping back down to around $0.00000826. If this level is broken, there is a risk of the price retesting the major support at $0.00000650.

If SHIB manages to reclaim the EMA (Exponential Moving Average) zone and break out of the downtrend channel, the market sentiment may turn more positive. Conversely, if the price falls below $0.00000650, it will be a further confirmation of the downtrend.

FAQ

What is Shiba Inu (SHIB)?

Shiba Inu (SHIB) is a cryptocurrency that is often considered an alternative to Dogecoin (DOGE). It is known for its symbol of a Shiba Inu dog.

Why is Shiba Inu price still in a bearish trend?

The price of Shiba Inu is still in a bearish trend as it continues to be below the major exponential moving averages and faces strong resistance within the downward channel that has been in place since the second quarter.

What is spot flow?

Spot flow in the context of cryptocurrencies refers to the amount of cryptocurrency being bought or sold on the spot market at any given time.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

CoinEdition. Shiba Inu Price Prediction: Sellers Defend Channel Top as Weak Flows Limit Recovery. Accessed on December 4, 2025

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