Shiba Inu Price Prediction: SHIB Tests Downtrend Line, Cup Pattern Approaching Breakout!

Jakarta, Pintu News – SHIB briefly traded at $0.00000618 on March 25, approaching the most crucial technical area it has faced in recent weeks.

The 4-hour chart shows a classic cup and handle pattern forming more and more clearly, while the price is now moving just below the downtrend line that has been holding off any attempt to advance since the mid-February peak around $0.00000740. This is not the type of formation that usually ends without a major move.

SHIB Price Prediction: Cup Pattern in the Trendline Area

On the 4-hour chart, this pattern is quite clear. The price peaked around $0.00000740 in mid-February, then corrected to form a rounded bottom in the $0.00000460 area in early March, before moving back up gradually throughout this month.

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Now, the right side of the cup pattern meets directly with the downtrend line drawn from the February peak, which is around $0.00000620, which is also the area of price resistance this morning.

All four EMAs are currently tightly bunched in the $0.00000592 to $0.00000604 range, and the price is still moving above all these levels. This reflects a handle phase in the pattern. Meanwhile, the CMF indicator stands at -0.11, still negative but starting to move up towards zero.

This is in line with the situation when accumulation begins to form, although it has not yet fully turned into confirmed buying pressure. If the price is able to close above the trend line on the 4-hour chart, then the breakout can be considered confirmed.

Important level:

• Support cup base: $0.00000460
• 200-day EMA: $0.00000600
• Trendline resistance: $0.00000620 to $0.00000625
• Breakout target: $0.00000780 to $0.00000800

Shiba Inu Price Prediction: 1 Hour Chart Structure

The 1-hour chart shows that SHIB is moving in a fairly clear range between $0.00000570 to $0.00000640 since March 9. The price has tested both limits several times. The latest move is the third attempt to break the upper limit of this range, with the Supertrend indicator at $0.00000600 now serving as support below the price.

The SAR indicator is at $0.00000607, slightly above the current price on the 1-hour timeframe, which signals that the short-term trend has not yet technically turned bullish. For this signal to change, the price needs to close above the SAR level in the 1-hour candle and be able to hold above $0.00000620.

As long as this condition is not met, the structure of the movement on the 1-hour timeframe is still classified as an in-range consolidation phase, not a breakout.

Important level:

• SAR Resistance: $0.00000607
• Supertrend Support: $0.00000600
• Range upper limit: $0.00000640
• Lower limit of range: $0.00000570

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Derivatives: Open Interest Rises as Volume Weakens

Futures volume fell 31.27% to $149.73 million, while open interest rose 27.99% to $56.64 million. This combination reflects a fairly specific situation: traders are not actively moving in and out of positions in the short term, but rather starting to build and hold positions. When volume decreases but open interest increases, it generally indicates confidence-based positioning rather than daily speculation.

The long/short ratio on the SHIB/USDT pair on Binance stands at 1.0471, which is relatively neutral and indicates no clear dominance from either side. On the other hand, account data on OKX shows a slightly more bullish tendency with a ratio of 1.64.

In the last 24 hours, liquidations amounted to $37.62K in long positions and $19.10K in short positions. This means that the bullish side bore slightly more pressure in the past day, although the value is still relatively small so it does not yet reflect a major flush in the market.

Open interest at $49.14 million as of the 05:30 UTC reading on March 25 is also well below January’s peak of close to $500 million, so there is still room for leverage growth if prices do break through resistance.

Burn Rate Rises as Supply Slowly Shrinks

The SHIB burn rate rose 14.04% in the last 24 hours, with a total of 2,244,891 SHIBs burned. Since its launch, more than 410.75 trillion SHIB have been removed from the total initial supply, leaving the current circulating supply at 585.47 trillion tokens.

In the latest burn records, the largest burn transaction reached 1,000,000 SHIB sent to a dead address about 15 hours ago, followed by another transaction of 649,643 SHIB shortly after.

Nominally, these numbers are not large enough to materially change the supply structure in the short term, but the direction in which they move is still important. An increase in burn rate amidst a breakout attempt could technically form an additional narrative that is usually easily magnified by retail investor interest.

On the other hand, the xSHIB staking pool currently holds 3.76 trillion tokens, meaning a portion of the supply also remains locked outside the liquid market.

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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 are subject to high risk and volatility, always do your own research and use cold hard 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 Tests Descending Trendline as Cup Pattern Nears Breakout. Accessed on March 26, 2026