Shiba Inu: Assessing if a supply shock could spark SHIB’s rebound
The post Shiba Inu: Assessing if a supply shock could spark SHIB’s rebound appeared on BitcoinEthereumNews.com.
Key Takeaways What drives the emerging SHIB supply-shock narrative? Rising long-term burns, shrinking supply, and strong demand-zone reactions collectively strengthen SHIB’s supply-shock momentum. How do on-chain buyer signals reinforce the probability of a breakout? Falling Exchange Reserves and dominant taker-buy pressure show buyers absorbing sell orders and supporting a potential trend reversal. Shiba Inu’s [SHIB] burn data reveals sharp volatility, and this pattern now sits at the center of the emerging supply-shock conversation. The 7-day burn spike crossing 2,000% shows aggressive long-term supply removal, while the steep drop in the last 24 hours shows short-term inconsistency. Even so, the broader trend leans toward contraction, and this contraction increases underlying pressure on circulating supply. Moreover, the chart shows SHIB holding its demand zone despite recent weakness, suggesting buyers respond quicker whenever supply thins. This combination builds a fundamental backdrop that strengthens the potential for a notable supply-driven shift in momentum. Is Shiba Inu preparing for a reversal? SHIB continues to defend the 0.00000885–0.00000900 demand zone with repeated reactions that highlight strong buyer interest. The price structure shows the price sitting near the upper boundary of the descending channel, and this position leaves SHIB close to a potential breakout structure. Additionally, at press time, the RSI was hovering around 39, indicating that bearish momentum was beginning to ease. The indicator gradually forms higher lows, which reflects a subtle shift toward bullish control. Moreover, a push toward the 50 level would strengthen this momentum change. The chart also displays a clear breakout path toward 0.00001029, 0.00001118, and eventually 0.00001301, giving SHIB a clean set of targets if momentum follows through. Source: TradingView Shiba Inu Exchange Reserves drop! Exchange Reserve USD showed a 6.79% decline, at press time, and this decline indicates that fewer SHIB tokens sit on trading platforms where they could be…
Filed under: News - @ November 14, 2025 7:24 pm