Shiba Inu Buyers Dive In as Market Tumbles — Rebound Imminent?
Shiba Inu defies the bears as buyers swarm the dip—could this meme coin's resilience signal a major comeback?
The Buying Frenzy
While traditional investors panic-sell, SHIB enthusiasts are loading up. Market dips create opportunities—and this pack isn't missing its chance.
Patterns Emerge
Historical data shows Shiba Inu's tendency to bounce harder than most altcoins after corrections. This isn't their first rodeo—just another cycle in crypto's endless rollercoaster.
Market Psychology at Play
Retail traders flock to discounted assets while institutions hesitate. Because nothing says 'sound investment strategy' like chasing meme coins during a bloodbath.
The Rebound Question
Technical indicators suggest oversold conditions. Whether this translates to sustained recovery depends on broader market sentiment—and whether Bitcoin decides to play nice.
Remember: in crypto, today's discount could be tomorrow's rug pull. But for now, the Shiba army marches on.
Fresh Buying Trends Backed by RSI Confirmation
Over the past 24 hours, while the market dipped, Smart Money wallets added 3.78 billion SHIB, while exchange reserves dropped by 56.6 billion SHIB. Together, this removed about 60.4 billion SHIB from exchanges, worth nearly $750,000 at the current shiba inu price ($0.00001235).
This matters despite being a small number because it shows both Smart Money and retail traders are adding exposure at the same time. Whales, by contrast, have stayed quiet. When smaller buyers and large wallets align, it often signals conviction in the price floor.
But buying flows alone don’t confirm strength — that’s where Chaikin Money FLOW (CMF) adds context. CMF tracks the balance of inflows and outflows into an asset. When it trends higher, it reflects more capital entering than leaving.
Here, the SHIB price tested the same support twice (around $0.00001226). Normally, repeating a low note can mean weakness. Yet CMF made a higher low during this second test, meaning inflows improved while price held flat.
In simple terms, SHIB buyers were more active on the retest than the first time. That’s often read as accumulation — larger players quietly absorbing supply while retail joins in.
This strengthens the case that the recent bounce is not random, but demand is building at a key support level of $0.00001226.
Key Shiba Inu Price Levels To Watch
The broader structure still leans fragile. The Shiba Inu price is trading at $0.00001235, sitting just above the heavy accumulation zone near $0.00001203.
This band has acted as strong support in the past, and the fresh inflows help explain why the shiba inu price has held here. Also, per the CMF hypothesis, the $0.00001226 is also a key support for SHIB, considering fresh buying was seen at that level.
If buyers can build on these two bases, the first test comes at $0.00001271, one of the strongest resistance points. A clean break above WOULD open the way toward $0.00001350, a level that would mark a 9.6% gain from current prices.
On the flip side, if SHIB fails to hold $0.00001203, a breakdown could follow, invalidating the bullish hypothesis.