Shiba Inu (SHIB) price is currently trading near 0.0000085. The market is currently sitting between boredom and ambush.
Summary
- SHIB trades between support at $0.0000075 and resistance at $0.0000095, over 90% below its all-time high.
- Whale transactions above $100,000 surge and exchange balances rise, signaling a looming volatility shift.
- Burn rates jump from near-flat levels as Shibarium and on-chain activity stir, but trend reversal remains unconfirmed.
Shiba Inu Price map
Shiba Inu price (SHIB) is currently trading inside roughly 0.0000075 to 0.0000095.
0.0000075 is currently acting as first support. 0.0000095 is currently acting as immediate resistance.
A daily close is currently printing above 0.0000095 and is currently opening space toward 0.000011 to 0.000012.
A clean break is currently slicing below 0.0000075 and is currently dragging price toward 0.0000070 and possibly 0.0000065.
Volume and trend
Reported 24 hour volume is currently sitting in the low hundreds of millions of dollars. Enough for real moves, not just thin book noise.
Price is currently sitting more than 90 percent below the all time high. Every bounce is currently trapped inside a long, heavy downtrend.
The last month is currently showing a mild bounce off November’s dip. No confirmed trend reversal is currently present.
Bullish traders are currently reading “early basing”. Bearish traders are currently reading “standard dead cat”.
Whale flow and on chain
Whale traffic is currently spiking. Over 400 transactions larger than 100,000 dollars are currently hitting the chain in a single day.
Around 1.06 trillion SHIB is currently moving to exchanges. Exchange balances are currently rising. Volatility setup is currently building.
Burn rates are currently jumping more than 200 percent on some days. On chain activity is currently coming from previously flat, almost zero levels.
Supply is currently shrinking at the edges. User activity is currently fragile and unstable.
Bullish instance
In the bullish instance, whales are currently front running a shift. Size is currently parked on exchanges and is currently waiting to squeeze shorts.
Price is currently clearing 0.0000095 with volume. SHIB is currently targeting roughly 0.000011 to 0.0000125 in the coming weeks as burns, Shibarium usage, and sentiment are currently snapping into alignment.
Bearish instance
In the bearish instance, the same inflows are currently acting as ammunition for distribution into strength.
Price is currently wicking into 0.0000095 to 0.0000100, failing, and is currently trading down into 0.0000070 or lower while on chain activity is currently weak and memecoin beta is currently bleeding.
Rational stance
A rational trader is currently holding both maps at once. Bullish and bearish, live, simultaneous.
Above 0.0000095 with rising volume is currently favoring the bullish path. Below 0.0000075 with persistent whale deposits is currently favoring the bleed path.
