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SHIB Faces $400 Million Supply Zone Hurdle Amid Potential Bullish Reversal

SHIB Faces $400 Million Supply Zone Hurdle Amid Potential Bullish Reversal

Author:
SHIB News
Published:
2025-06-24 19:53:53
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[TRADE_PLUGIN]SHIBUSDT,SHIBUSDT[/TRADE_PLUGIN]

Shiba Inu (SHIB) is currently navigating a critical juncture as it encounters a massive supply zone comprising 33 trillion tokens, worth approximately $400 million, below the $0.00001200 price level. This concentration of SHIB, held by early investors now at a loss, poses a significant challenge to the meme coin's recovery efforts. These investors may look to exit their positions, creating sustained selling pressure that could limit SHIB's upside potential in the near term. However, technical indicators are beginning to show signs of a potential turnaround. The Moving Average Convergence Divergence (MACD) is approaching a bullish crossover after a prolonged bearish phase, signaling weakening downward momentum. This development suggests that SHIB might be nearing an inflection point, offering hope for bulls despite the substantial supply overhang. As of June 2025, market participants are closely watching whether SHIB can overcome this formidable barrier or if the $400 million supply zone will continue to suppress price action. The outcome could determine whether SHIB resumes its upward trajectory or faces extended consolidation beneath this critical resistance level.

$400 Million SHIB Supply Zone Poses Challenge to Shiba Inu's Recovery

Shiba Inu faces a formidable barrier as 33 trillion SHIB tokens, valued at nearly $400 million, cluster in a supply zone below $0.00001200. Early investors, now underwater, may seek exits—creating persistent selling pressure that caps upside potential.

Technical indicators hint at a possible inflection point. The MACD nears a bullish crossover after a month-long bearish phase, suggesting waning downward momentum. Such a reversal could catalyze a breakout attempt, though the overhead supply wall remains a critical test for SHIB's durability.

Shiba Inu’s (SHIB) Hold in the Top 25 Weakens as New Rival Emerges

Shiba Inu (SHIB), once a dominant force in the meme coin arena, is seeing its grip on the top 25 cryptocurrencies weaken. Despite the launch of Shibarium and unwavering support from its community, SHIB has struggled to break key resistance levels, currently trading at approximately 0.00001049 as of June 2025. The slowdown in growth has opened the door for newer projects with stronger infrastructure and utility, threatening SHIB's market share.

A new competitor is now poised to challenge SHIB's dominance, with traders speculating a potential 13063% rally this summer. While SHIB remains the king of meme coins, its ability to deliver outsized returns appears to be fading as retail investors shift focus to emerging alternatives. The shifting dynamics underscore broader changes in investor behavior and market sentiment.

Shiba Inu Breakout Incoming? Bullish Setup Hints At Big Jump, Experts Say

Shiba Inu tumbled to an intraday low of $0.000010 on Sunday, its weakest level in 16 months. Market analyst Tom Tucker suggests this could mark a turning point for the meme coin, which has slid 14% in June and 37% from its May peak of $0.00001764.

Whale activity shows growing caution—holdings among large investors have dropped roughly 80%, while open interest in SHIB futures has dwindled to $123 million, a level not seen since early April. The token now faces a critical test at the $0.000010 support zone.

Tucker's technical analysis reveals a potential double-bottom pattern forming on SHIB's daily chart, mirroring its April rebound. The meme coin previously surged 70% after bouncing from $0.00001028 in early April. A repeat performance could spark a 62% recovery if current support holds.

Shiba Inu's Potential Surge in 2025: A Bullish Outlook

Shiba Inu (SHIB) continues to solidify its position as one of the most dynamic players in the cryptocurrency market. With its ecosystem expanding relentlessly, the token is poised for a potential breakout in 2025. Despite recent price stagnation, the underlying infrastructure—including Shiba Alpha Layer, API keys, and PRCs—suggests a looming momentum shift.

Shytoshi Kusama, a key figure in the SHIB ecosystem, recently emphasized that the project is "one app away" from a transformative moment. This sentiment has electrified the community, sparking renewed optimism. The development of a dedicated SHIB Telegram group further underscores the team's commitment to innovation and collaboration.

Historical parallels and technological groundwork hint at a future where SHIB could defy expectations. The token's versatility and community-driven ethos may well catalyze its ascent to new highs.

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