The post Shiba Inu (SHIB) Did Not Receive Permission for Bull Run, Chart Shows appeared on BitcoinEthereumNews.com.

Shiba Inu’s price performance Will Shiba Inu keep falling? The market is not allowing Shiba Inu to enter bullish territory. Nothing on the chart indicates a structural shift is taking place, and SHIB is still stuck in a steady downtrend despite a slight pause in selling pressure. Shiba Inu’s price performance The daily arrangement is unattractive and uniform. With the 200-day trendline serving as a far-off ceiling rather than a practical target, SHIB is still trading below all significant moving averages. Over the past few months, every attempt to move higher has been turned down, and this most recent move is no different. The price’s inability to overcome even short-term resistance indicates that sellers still have complete control over the structure of the market. SHIB/USDT Chart by TradingView The most notable aspect of the newest green candle is its personality. Because buyers intervened aggressively, it did not show up. It emerged as a result of vendors temporarily moving aside. The volume supports this. Demand did not rise, trading activity did not significantly increase, and there was no indication of accumulation. This is a classic example of low-liquidity drift: the price is rising because no one is willing to sell at that particular time, not because anyone thinks SHIB is cheap. Will Shiba Inu keep falling? This distinction is important. When supply cannot keep up with demand, real reversals occur. Supply is just resting, in this situation. When the price gets close to resistance, selling pressure starts up again. For this reason, even during relief bounces, SHIB continues to print lower highs and lower lows. You Might Also Like The bearish case is strengthened by momentum indicators. RSI is still flat and weak, unable to generate long-term upward momentum. This indicates that the market is unconvinced. There is no structural pressure…

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Filed under: News - @ December 22, 2025 9:26 am