Shiba Inu (SHIB) Faces Mounting Pressure. Here’s Why

Shiba Inu pushed higher over the past week, but that strength is already starting to look fragile. The token managed to reach roughly $0.00000644 before losing pace, and the follow-through simply hasn’t been there. What looked like a continuation move is now showing signs of exhaustion.

The bigger picture hasn’t really changed. Even with the recent bounce, SHIB is still trading within a structure that favors the downside. The recovery attempt did not break any key levels that would suggest a shift in trend, which leaves the market exposed to another decline.

Trendline Pressure Still Controlling SHIB’s Price

According to crypto analyst MyCryptoParadise, one of the main issues remains the descending resistance trendline on the 4-hour chart. This level has repeatedly stopped upward moves, and the latest attempt was no different. Its price pushed into that region again but failed to break through.

This has happened before. In mid-February, SHIB rallied toward $0.00000725 and was rejected, which effectively ended that upward phase. The current setup looks similar, with the asset once again unable to clear resistance. As long as this trendline remains intact, it continues to act as a ceiling. That repeated rejection is not a random pattern. It reflects steady selling pressure that has yet to ease in any meaningful way.

Weak Follow-Through Raises Concerns

There are also signs that the recent move higher lacked real strength. SHIB briefly moved above the $0.0000060–$0.0000059 area, which had previously acted as a supply zone. However, it did not stay there for long and slipped back down shortly after.

This kind of behavior usually points to weak demand. Even though the price moved up, buyers were not able to maintain control. At the same time, the volume profile suggests that some of that upward activity may have been distribution rather than genuine accumulation. When the asset fails to hold above a key zone after a breakout, it often signals that the move is not sustainable.

Focus Shifts to Lower Support Levels

With momentum fading, attention is now turning to support. The first level to watch sits around $0.00000545. A move toward that area would not be surprising given the current structure.

If that level breaks, the next zone comes in near $0.00000507. That area was previously held in early February and could become relevant again if selling pressure builds.

For the bearish outlook to change, SHIB would need to push above $0.00000656 with conviction. Until that happens, the trend remains under pressure, and the risk of further downside stays on the table.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

Follow us on Twitter, Facebook, Telegram, and Google News

The post Shiba Inu (SHIB) Faces Mounting Pressure. Here’s Why appeared first on Times Tabloid.