Shiba Inu May Test Key SMA 200 Support After 13% Two-Day Drop
The post Shiba Inu May Test Key SMA 200 Support After 13% Two-Day Drop appeared on BitcoinEthereumNews.com.
Shiba Inu price is testing a key support at the daily SMA 200 after a 13% fall from its Sept. 13 high; traders watch $0.00001298 for a potential bounce and $0.00001279 as the next downside target. SHIB fell 13% from its Sept. 13 high, testing daily SMA 200 at $0.00001298. Market-wide liquidations and profit-taking drove meme-coin weakness; $425M liquidated in 24 hours (CoinGlass). Short-term recovery hinges on holding $0.00001298; failure risks a drop to $0.00001279 and then $0.00001181. Shiba Inu price testing SMA 200 support after a 13% drop; read the data-driven breakdown, key levels, and trader actions — stay informed now. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); How is the Shiba Inu price testing support? Shiba Inu price is testing the daily SMA 200 at $0.00001298 after a rapid 13% decline from the Sept. 13 high of $0.00001484. The SMA 200 level is the immediate technical pivot; holding it would open a path back above $0.000013 and toward recent highs. Why did SHIB fall sharply over 48 hours? Broad market weakness and profit-taking triggered the move, with $425 million in liquidations across crypto assets over 24 hours, according to CoinGlass. Meme coins underperformed: Dogecoin, PEPE and Bonk recorded double-digit swings that amplified selling pressure. SHIB/USD Daily Chart, Courtesy: TradingView What are the key short-term levels for SHIB? Front-loaded key levels: immediate support at the daily SMA…
Filed under: News - @ September 15, 2025 6:34 pm