Shiba Inu at a Crossroads: Key Resistance & Support Levels to Watch Before You Buy
Dogecoin''s wilder cousin faces a make-or-break moment as traders eye critical price thresholds.
Support levels hold the line—for now
The meme coin that refused to die keeps bouncing off its historic floor, defying skeptics who called it a 2021 relic. But don''t break out the champagne yet—every resistance level cleared just means another ceiling waiting to smash its rally.
Resistance mounts as SHIB eyes comeback
Three zeros stand between Shiba Inu and glory. Each decimal point conquered requires swallowing increasingly larger sell walls—the cruel math of meme coin economics where ''community'' often means bagholders waiting for their exit liquidity.
As always in crypto, the real support level is whether Bitcoin decides to crash that day.
Shiba Inu: Resistance & Support Level for SHIB To Watch Out For
Shiba Inu’s price is moving around $0.00001183 to $0.00001228 on Monday and has declined nearly 15% in a month. The token has been volatile this year as it topped $0.000015 in March and $0.000017 in May. The fluctuation in price comes after the economic turmoil that engulfed global trade through Trump’s tariffs.
Support Level to Watch Out:
The next support level for shiba inu is at $0.00001309–$0.00001333, near 0.618 Fib retracement. If it holds on to the $0.00001333 support level, the next target for SHIB is at the $0.00001370 range. The hurdles to get there are aplenty as Trump’s 90-day pause on tariffs would end next month. Though he announced that an extension is possible, the markets could brace for turbulence and knee-jerk reactions.
On the downside, the key resistance level for Shiba Inu is at $0.0000136–$0.0000140 if it declines with higher highs and lower lows. A dip below the $0.000012 range could ignite a bearish pattern and a failure to bounce back remains strong. A stop loss at $0.000010 is recommended, as the flipside could prove costly in the current economic situation. It is advised to do thorough research before buying SHIB as the markets could be volatile next month.
