Shiba Inu price is testing a key demand zone at $0.000012; a break below could push SHIB roughly 10–15% lower to weekly range lows, while sustained exchange outflows and whale accumulation suggest conditional support for a gradual rebound if buyers defend this level.
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SHIB is consolidating above a key $0.000012 demand zone
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Exchange net flows turned negative since 17 August, indicating accumulation off exchanges
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Weekly OBV and RSI show seller strength; a failure at $0.000012 may imply ~15% downside risk
Shiba Inu price outlook: SHIB tests $0.000012 support; monitor exchange flows and on-chain cost-basis for next move. Read the analysis and trade defensively.
What is the Shiba Inu price outlook right now?
Shiba Inu price is consolidating above a key demand zone at $0.000012 but shows signs of seller dominance on weekly metrics. If buyers cannot hold this support, SHIB could fall to the weekly range lows, representing an estimated 10–15% downside from current levels.
How strong is on-chain accumulation and what does exchange flow indicate?
Exchange net position change has been negative since 17 August, which means more SHIB left exchanges than entered. Negative flows are commonly interpreted as accumulation. On-chain cost basis distribution shows concentrated supply near $0.000012, making that zone a meaningful pivot for short-term price action.
Source: Glassnode (data referenced as plain text)
The cost-basis heatmap highlights supply density across price levels. Warmer zones mark where sizable amounts were acquired. The $0.000012 level is a concentration band, and defending it matters for a bullish scenario. If accumulation continues off exchanges and whales hold positions, downside pressure may be limited.
How likely is Shiba Inu to drop to weekly range lows?
Weekly technicals point to a tangible risk. SHIB has traded in a broad weekly range from $0.0000106 to $0.000016, and it currently sits near the lower boundary. On the weekly chart, the OBV made a new low and RSI failed to breach the 50 midpoint, both indicating seller advantage.
Source: SHIB/USDT on TradingView (reference only)
Daily structure also favors sellers: the 1-day chart shows a descending trendline resistance and no clear bullish reversal signals. Taken together, a drop of approximately 10–15% toward the weekly range lows is plausible if $0.000012 does not hold.
Source: SHIB/USDT on TradingView (reference only)
Frequently Asked Questions
What is the significance of $0.000012 for Shiba Inu?
$0.000012 is a concentrated cost-basis demand zone where a large portion of supply was acquired recently. It acts as short-term support; losing it increases the chance of a move toward weekly range lows near $0.0000106.
How do exchange flows affect SHIB price?
Negative exchange net position change (outflows) typically signals accumulation by long-term holders and reduces sell-side liquidity on exchanges. This can support price, provided buyers do not immediately redistribute tokens back to exchanges.
Should traders buy at current levels?
Traders should exercise caution. On-chain accumulation coexists with weekly technical weakness. Use tight risk management and watch $0.000012 closely; a confirmed break suggests preparing for downside, while a defended level can open short-term buy opportunities.
Key Takeaways
- Demand zone at $0.000012: Concentrated cost-basis makes this level critical for short-term direction.
- On-chain flows: Exchange outflows since 17 August indicate accumulation off-exchange but are not an immediate bullish guarantee.
- Technical risk: Weekly OBV and RSI favor sellers; prepare for ~10–15% downside if support fails.
Conclusion
Shiba Inu price sits at a decisive juncture. On-chain data shows accumulation while chart indicators show seller strength. Monitor exchange net flows, cost-basis heatmap, and the $0.000012 level closely. Traders should prioritize risk controls and wait for clear defensive confirmation before increasing long exposure.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.
