| 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 → |
- Shiba Inu (SHIB) faced a significant decline this week, shedding over 30% of its value amid widespread market disruption.
- The meme coin is now positioned at a critical support level of $0.000011, with potential resistance at $0.000014.
- Amidst the turmoil, the selling pressure has intensified, leading to a daily streak of red candles for SHIB.
Shiba Inu (SHIB) experienced a dramatic fall this week, plummeting by over 30% due to global market turbulence. Read on for an in-depth analysis of the current situation and future prospects.
SHIB Faces a Sharp Decline
The cryptocurrency market has been gripped by a massive liquidation event, leading to substantial losses across various altcoins. Shiba Inu (SHIB) has not been immune to this trend, experiencing a sharp decline that took its prices down by 30% in just one week. Currently, SHIB’s price hovers around its key support level of $0.000011.
Market Reactions and Dominant Sellers
Over the past nine days, SHIB has seen continuous selling pressure, resulting in a series of daily red candles. The surge in selling volume has driven the price further down, creating a highly bearish environment. Market participants are now closely monitoring the situation, hoping for a potential bounce that could test the key resistance level at $0.000014.
Accelerated Bearish Momentum
Reviewing the daily MACD indicators reveals an accelerated rate of lower lows in both moving averages and histograms. This strong bearish momentum suggests that unless a significant trend reversal occurs, SHIB is likely to continue hitting new lows. Investors are advised to stay vigilant and consider the broader market conditions when making trading decisions.
| 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 summary, Shiba Inu (SHIB) has taken a considerable hit amid widespread market volatility, declining by more than 30% this week. The current support and resistance levels are crucial for determining the coin’s short-term trajectory. As the bearish trend persists, investors should remain cautious and watch for signs of a potential reversal before making any investment moves. The ongoing situation underscores the importance of a well-informed strategy in navigating the unpredictable crypto market.
| 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 → |
