Shiba Inu Price Prediction: Weak Bounce Signals Trouble — Is a Bigger Drop Coming?
The post Shiba Inu Price Prediction: Weak Bounce Signals Trouble — Is a Bigger Drop Coming? appeared on BitcoinEthereumNews.com.
Shiba Inu is barely holding on as price prediction turns bearish. SHIB is hovering near $0.0000053 after a brutal 21.5% slide in February, and the daily structure has clearly turned bearish. Every bounce keeps getting capped under $0.0000065, where overhead supply and trapped longs are sitting heavy. The broader backdrop is not helping. The Fear & Greed Index is stuck at 10, deep in Extreme Fear. Meme coins have taken the hardest hit during this risk-off wave. Only about a third of SHIB’s trading days last month closed green. (Source: Alternative) Right now, relief rallies are weak. And sentiment is colder than it has been in months. Shiba Inu Price Prediction: Supply Zone Overhead, Key Levels to Watch SHIB is still in a clear short-term downtrend. Lower highs. Lower lows. Every bounce getting sold. Price is hanging just above the $0.0000053 demand zone. That level is the only thing keeping this from sliding faster. It has already been tested, and the reaction was not strong. If $0.0000053 breaks with momentum, the next stop is the psychological $0.0000050 area. (Source: SHIBUSD / TradingView) Overhead resistance is layered. First around $0.0000058. Then heavier supply near $0.0000060. Above that sits $0.0000066, where the last major breakdown started. Bulls need to reclaim at least $0.0000060 to show real structural improvement. RSI around 38 signals weakness, not capitulation. There is still room for another leg down before conditions get stretched. Right now, this is still a sell-the-bounce setup. Below $0.0000060, rallies are just relief moves. Lose $0.0000053, and the next flush likely accelerates. On-chain data is not giving bulls much comfort. The Accumulation/Distribution line keeps trending lower on the daily chart. That usually means steady net selling, not quiet accumulation. Whale behavior is also inconsistent. Instead of coordinated buying that often marks a bottom, recent…
Filed under: News - @ March 3, 2026 11:23 pm