Shiba Inu (SHIB) Going to 0? Volume Profiles Show Bleeding
The post Shiba Inu (SHIB) Going to 0? Volume Profiles Show Bleeding appeared on BitcoinEthereumNews.com.
Is Shiba Inu trapped? Shiba Inu’s weak structure With trading activity drying up on major exchanges and volume levels falling dangerously close to zero, Shiba Inu is still under increasing pressure. Investor interest in the once-hyped meme token appears to be waning as fast as volatility itself, as evidenced by the declining participation. Is Shiba Inu trapped? SHIB has been trapped in a narrow consolidation range for weeks, failing to draw significant buying power or retail inflows. It is currently trading close to $0.0000102. Following a vicious October crash, the token is moving slowly along the short-term ascending trendline on the daily chart. SHIB/USDT Chart by TradingView SHIB is still well below important resistance levels, especially the 100-day and 200-day moving averages at $0.0000113 and $0.0000128, respectively, despite slight attempts at recovery. The biggest warning sign, however, is the volume profile. Trading volume has been plunging since early October, falling more than 60% from its most recent peak. You Might Also Like Any asset, but particularly one as sentiment-driven as SHIB, is at risk from this decline, which indicates waning enthusiasm and an increasingly illiquid market environment. Reduced trading volume makes price movements less dependable, liquidity dwindles, and the token is more vulnerable to sudden brief spikes in volatility caused by tiny orders. Shiba Inu’s weak structure In a technical sense, SHIB’s structure is still weak. There is no indication of a shift in momentum, and the RSI is at 45, indicating a neutral to bearish outlook. The last significant floor is the lower trendline support at $0.0000090, a break below it could quickly push the token down to $0.0000075 or lower, which are levels not seen since the middle of the year. Essentially, the issue with Shiba Inu is not just the cost, but also declining participation. Without volume,…
Filed under: News - @ November 2, 2025 11:27 am