Shiba Inu Price Forecast: SHIB at Risk of Sharp Decline if $0.00000930 Support Fails

Jakarta, Pintu News – The price of Shiba Inu (SHIB) was hovering around $0.00000973, still struggling to hold on after several failed attempts to break back through its moving averages. Pressure from the trendline above and continued spot outflows keep buyers on the defensive, while sellers continue to dominate the near-term direction.

Downtrend Continues as Moving Averages Become Resistance Areas

Reporting from CoinEdition (November 9), the daily chart shows SHIB is still trapped below the descending trendline that has capped every rally since January. Any attempt to break this line has always failed, handing control back to sellers.

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Currently, SHIB is trading below all four of its major EMAs, namely:

• $0.00001068 (20-day EMA)
• $0.00001069 (50-day EMA)
• $0.00001149 (100-day EMA)
• $0.00001259 (200-day EMA)

These four levels form a stacked resistance zone. As long as SHIB hasn’t managed to break at least the 20-day EMA, any rise is only considered a temporary bounce within the broader downtrend. The Supertrend Indicator is still showing a red signal, reinforcing the downward pressure.

The market structure shows a pattern of lower highs and lower lows, a typical bearish market sequence that hasn’t changed until the price is able to break the trend line with significant volume support.

Spot Outflows Confirm Distribution Patterns

Spot flow data from Coinglass shows a lack of confidence among SHIB holders. On November 9, a net outflow of $100,410 was recorded, indicating the movement of tokens from wallets back to exchanges.

When outflows increase while prices move near support levels, this generally reflects distribution, not accumulation.

This pattern has been going on consistently for several months. The spot flow chart is dominated by red candles, signaling that SHIB is struggling to attract sustained buying flows.

Short-term channel shows weak bounce

On the lower time frame, SHIB is trading within a clear downwardchannel. Price is currently trying to hold around the midpoint of the channel, but momentum impulse is still weak.

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Parabolic SAR dots continue to appear above the price, confirming that the trend has not reversed. The RSI indicator on the 30-minute chart is around 42, reflecting weak buying strength.

A meaningful recovery requires a break above $0.00000990, which is the upper limit of the channel as well as the nearest intraday resistance. As long as that hasn’t happened, the direction of the movement is still completely under the control of the sellers.

Outlook: Will Shiba Inu Rise?

SHIB is currently experiencing price compression leading to a significant move.

Bullish scenario: A break above $0.00000990 followed by a close above $0.00001068 would signal a trend reversal. Successfully reclaiming the EMA zone opens up opportunities towards $0.00001250, and subsequently $0.00001400, which was the trendline resistance area earlier this year.

Bearish scenario: A drop below $0.00000930 confirms that selling pressure is still dominant, with the next target at $0.00000880, the nearest liquidity zone based on the chart.

Overall, Shiba Inu is still in a downward trend. Buyers need technical confirmation before a potential reversal can occur. Until then, every rally tends to be used to sell, rather than as a signal to chase the upside.

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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: SHIB Risks New Lows If 0.00000930 Support Breaks. Accessed on November 10, 2025