SHIB Breakdown Ahead? Why Experts See a New Low Coming

 Shiba Inu (SHIB) has seen a sharp decline recently, slipping back to around $0.000010 with no clear signs of a recovery as per Coinpedia market data, Despite short-lived upticks, the price continues to move within a downward channel, showing signs of weakness.

For a more detailed Shiba Inu price prediction 2030, check out our full analysis!

SHIB Trapped in a Bearish Channel

Over the past two months, SHIB has dropped nearly 25%, failing to maintain any lasting momentum. The daily chart shows the token trading within a falling channel, a pattern often seen during bear trends. This pattern forms when the price is locked between two downward-sloping lines — marking lower highs and lower lows.

Currently, SHIB is testing the upper trendline at $0.000011, but there's no breakout in sight. The price remains under pressure, with little support for a reversal.

Indicators Show Weak Accumulation

The Chaikin Money Flow (CMF) has dropped to -0.12, signaling stronger selling pressure and reduced accumulation. A CMF below zero generally means investors are distributing (selling) rather than accumulating.

Another key indicator, the On-Balance Volume (OBV), is flat — confirming that there's no meaningful inflow of buying volume. This lack of accumulation shows that investor confidence remains low.

Resistance Levels Continue to Hold SHIB Back

SHIB faces major resistance around $0.000013, where roughly 20,000 wallets hold over 16 trillion tokens at a loss. This concentration of holders may lead to increased selling pressure if prices rise, as many might exit to break even..

According to IntoTheBlock's IOMAP data, this resistance zone could block upward movement and push the price further down.

Breakdown Likely if Momentum Fades Further

With both the CMF and OBV showing no bullish signals, SHIB is at risk of dropping below $0.000010. Unless something shifts — like a rise in volume or positive market news — the bearish momentum could continue.

That said, if the OBV starts to climb while the price remains flat, it may signal a hidden accumulation. In that case, a short-term price rise to $0.000016 could be possible.

Can SHIB Rebound or Will It Dip Lower?

SHIB’s current technical setup remains bearish, with falling momentum, weak buying pressure, and strong resistance zones. Until indicators turn positive or major demand returns, the token is likely to stay under pressure — and may test new lows soon.