| COINOTAG recommends • Exchange signup |
| 💹 Trade with pro tools |
| Fast execution, robust charts, clean risk controls. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🚀 Smooth orders, clear control |
| Advanced order types and market depth in one view. |
| 👉 Create account → |
| COINOTAG recommends • Exchange signup |
| 📈 Clarity in volatile markets |
| Plan entries & exits, manage positions with discipline. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| ⚡ Speed, depth, reliability |
| Execute confidently when timing matters. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🧭 A focused workflow for traders |
| Alerts, watchlists, and a repeatable process. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| ✅ Data‑driven decisions |
| Focus on process—not noise. |
| 👉 Sign up → |
- Today, the cryptocurrency market experienced a significant decline, adversely affecting Shiba Inu (SHIB).
- The broader market witnessed a 4.4% drop in market capitalization, now at $2.31 trillion, indicating bearish control.
- Shiba Inu’s price fell by 5.78% to $0.0000163, and its market cap also declined by 5.78%, reflecting negative market sentiment.
A comprehensive analysis of Shiba Inu’s market performance amid today’s downturn.
Shiba Inu Faces Market Challenges Amid Crypto Downtrend
Today, the cryptocurrency market saw a notable decrease in market cap, dropping 4.4% to $2.31 trillion. This trend has not spared Shiba Inu (SHIB), one of the prominent meme coins in the space, which saw its price dip by 5.78% to $0.0000163. Over the past month, SHIB’s value has declined by 6.07%, signifying persistent bearish sentiment.
Potential Rebound Indicators for Shiba Inu
Despite the downturn, there are indications of a potential recovery. Data from CoinGlass shows SHIB experienced a substantial 37.11% increase in trading volume, which currently stands at $163.62 million. The bulk of this volume is derived from major exchanges such as OKX, Bitget, and BingX, contributing $74 million, $40 million, and $30.05 million, respectively.
Market Sentiment and Trading Activity
The rise in trading volume suggests that traders are buying the dips, which could spark a bullish momentum in the near future. Additionally, Shiba Inu’s Relative Strength Index (RSI) is at 41, a level that typically signifies the asset is not in bearish territory. The RSI value, ranging from 40 to 50, often acts as a support level during uptrends, indicating an overall positive outlook despite current declines.
| COINOTAG recommends • Professional traders group |
| 💎 Join a professional trading community |
| Work with senior traders, research‑backed setups, and risk‑first frameworks. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 📊 Transparent performance, real process |
| Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
| 👉 Get access → |
| COINOTAG recommends • Professional traders group |
| 🧭 Research → Plan → Execute |
| Daily levels, watchlists, and post‑trade reviews to build consistency. |
| 👉 Join now → |
| COINOTAG recommends • Professional traders group |
| 🛡️ Risk comes first |
| Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
| 👉 Start today → |
| COINOTAG recommends • Professional traders group |
| 🧠 Learn the “why” behind each trade |
| Live breakdowns, playbooks, and framework‑first education. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 🚀 Insider • APEX • INNER CIRCLE |
| Choose the depth you need—tools, coaching, and member rooms. |
| 👉 Explore tiers → |
Conclusion
In conclusion, while the crypto market and Shiba Inu have faced significant challenges today, the increase in trading volume and RSI levels suggest potential for recovery. Investors are advised to monitor market signals closely as Shiba Inu could see a turnaround if these trends continue.
| COINOTAG recommends • Members‑only research |
| 📌 Curated setups, clearly explained |
| Entry, invalidation, targets, and R:R defined before execution. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧠 Data‑led decision making |
| Technical + flow + context synthesized into actionable plans. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 🧱 Consistency over hype |
| Repeatable rules, realistic expectations, and a calmer mindset. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🕒 Patience is an edge |
| Wait for confirmation and manage risk with checklists. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 💼 Professional mentorship |
| Guidance from seasoned traders and structured feedback loops. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧮 Track • Review • Improve |
| Documented PnL tracking and post‑mortems to accelerate learning. |
| 👉 Join now → |
