Shiba Inu at Make-or-Break Level Could Drop Another Zero or Reverse Higher if $0.00001 Support Holds

• Current situation: SHIB clings to a short-term support at $0.00001 after weekend liquidations.

• Market pressure: $662 million liquidated in 24 hours; $447 million long positions wiped out (CoinGlass).

• Technical levels: immediate resistance at the 50- and 200-day MAs ($0.0000123 and $0.00001286).

Shiba Inu price at critical support $0.00001 — watch for a rebound or new floor; read expert analysis and next resistance levels. Read more on COINOTAG.

What is Shiba Inu’s make-or-break level and why it matters?

Shiba Inu price is testing a decisive short-term support near $0.00001; holding this level could enable a reversal toward $0.0000123–$0.00001286, while a break may expose SHIB to lower targets around $0.00000959 or $0.0000085. These moves reflect recent market-wide liquidations and risk-off sentiment.

How did recent liquidations affect SHIB and the broader crypto market?

Over the past 24 hours, $662 million in crypto positions were liquidated, with $447 million coming from long positions and $188 million from shorts, according to CoinGlass data. Earlier, about $19 billion of leveraged positions were removed during the Oct. 10 sell-off. These forced liquidations tightened order books and amplified downward pressure on risk assets such as SHIB. TradingView price feeds show SHIB down roughly 4.95% intraday and about 18% for the week, underscoring the correlation between leverage unwinds and token volatility.

COINOTAG market analysts note that leverage-driven moves typically widen intraday ranges and can produce rapid support tests; therefore, the integrity of $0.00001 as a short-term floor will be pivotal for near-term market structure.

At press time SHIB was trading at $0.00001041. Bears attempted to “add a zero” to SHIB’s quoted price earlier but were repelled at a support cluster around $0.0000102. If buying pressure re-emerges and $0.00001 holds as support, technical momentum could push SHIB toward the 50-day and 200-day moving averages — currently near $0.0000123 and $0.00001286 respectively — which serve as the next meaningful resistance zones on daily charts (source: TradingView).

Frequently Asked Questions

Will Shiba Inu drop to $0.00000959 or lower?

SHIB could test $0.00000959 or $0.0000085 if the $0.00001 support breaks decisively, especially amid continuing deleveraging. However, a confirmed breakdown typically requires follow-through selling and increased volume; absent those, the level may act as a short-term bounce point. Monitor liquidation flow and on-chain activity for confirmation.

How can traders manage risk around SHIB’s current level?

Traders should consider defined risk strategies: set stop-loss orders below key support levels, size positions to withstand volatility, and track leverage and liquidation metrics. Using tiered entries and profit targets at resistance (50/200-day MAs) helps manage asymmetric risk-reward in this environment.

Key Takeaways

• Support test at $0.00001: SHIB must hold this floor to avoid a deeper correction.
• Liquidation-driven volatility: $662 million liquidated in 24 hours intensified selling pressure (CoinGlass).
• Clear resistance targets: Daily 50- and 200-day moving averages near $0.0000123 and $0.00001286 could define the next upward move; use them for trade planning.

Dog-themed cryptocurrency Shiba Inu has reached a make-or-break level where two potential scenarios exist: add a zero or reverse higher.

The crypto market fell lower early Tuesday after a historic round of liquidations triggered a sharp sell-off over the weekend, as trade tensions weighed on risk assets. The digital-asset market briefly rebounded to pare losses on Monday, but most major cryptocurrencies, including Shiba Inu, have resumed their descent.

In the last 24 hours, $662 million have been liquidated across crypto assets, according to CoinGlass data. The majority of this figure, $447 million, accounted for long positions, while shorts amounted to $188 million. Earlier, around $19 billion of leveraged crypto positions were liquidated following a brutal sell-off on Oct. 10.

Shiba Inu was trading lower in line with the market drop, reaching a make-or-break level crucial for its short-term price action.

SHIB/USD Daily Chart, Courtesy: TradingView

At press time, SHIB was down 4.95% in the last 24 hours to $0.00001041 and down 18% for the week. SHIB’s current price point represents a make-or-break level: a further drop might bring the token toward $0.00000959 or even the $0.0000085 floor observed during the Oct. 10 crash. Bears’ effort to “add an extra zero” failed when SHIB found support around $0.0000102.

If bulls defend $0.00001 as short-term support and buying pressure returns, SHIB could reverse higher. The next resistance levels lie at the daily 50- and 200-day moving averages — approximately $0.0000123 and $0.00001286 — which, if overcome, could signal a fresh upward phase for Shiba Inu.

Conclusion

Shiba Inu’s immediate outlook hinges on the integrity of the $0.00001 support. Recent liquidation events (CoinGlass) and price action shown on TradingView highlight heightened risk and volatility; traders should therefore adopt disciplined risk management. COINOTAG will continue to monitor on-chain flows, liquidation metrics, and technical levels and provide updates as conditions evolve — subscribe to COINOTAG for ongoing coverage.

Published: 2025-10-14 | Updated: 2025-10-14 | Author: COINOTAG