{"id":48643,"date":"2025-02-28T17:00:34","date_gmt":"2025-02-28T17:00:34","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=48643"},"modified":"2025-02-28T17:00:34","modified_gmt":"2025-02-28T17:00:34","slug":"shiba-inu-bears-roar-will-shib-hit-0-00001272-amid-market-sell-off","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=48643","title":{"rendered":"Shiba Inu Bears Roar: Will SHIB Hit $0.00001272 Amid Market Sell-Off?"},"content":{"rendered":"

Shiba Inu<\/a> is under mounting pressure, bringing the key $0.00001272 support level into focus. After multiple failed attempts to reclaim higher levels, sellers have tightened their grip, pushing SHIB toward a potential breakdown.\u00a0<\/p>\n

The declining buying interest and growing bearish<\/a> sentiment suggest that a decisive move below this support could open the door for a deeper correction, reinforcing a more bearish outlook for the meme coin. If bulls fail to step in and defend this critical zone, SHIB could see increased volatility, with lower support levels coming into play.\u00a0<\/p>\n

On the other hand, a strong rebound from this area may signal a potential shift in momentum, giving buyers a chance to regain control. As uncertainty looms, traders closely watch whether SHIB can hold firm or if the bears<\/a> will push for a downside in the coming sessions.<\/p>\n

SHIB Price Dips Further, Is A Breakdown Imminent?<\/strong><\/h2>\n

After a steady upward move, Shiba Inu encountered strong resistance, halting its bullish performance and triggering a renewed wave of selling pressure. This rejection has intensified the bearish sentiment, driving SHIB\u2019s price downward toward the critical $0.00001272 support level.\u00a0<\/p>\n

SHIB\u2019s inability to sustain gains above key resistance suggests that sellers remain in control, further reinforced by SHIB\u2019s continued trade below the 100-day Simple Moving Average (SMA). With the price struggling to regain strength, the risk of a deeper decline looms, as a confirmed breakdown below this support might accelerate losses and push SHIB into a more extended downtrend.<\/p>\n

The current fresh decline in SHIB\u2019s price is being bolstered by the MACD indicator, which signals growing bearish momentum<\/a>. The MACD line is trending below the signal line, a classic sign that sellers are in control and that downward pressure is increasing. <\/p>\n

Additionally, the histogram is expanding in the negative zone, confirming the dominance of a bearish sentiment. If this trend persists, combined with SHIB\u2019s ongoing price action below the 100-day SMA, it could trigger a breakdown beneath the critical $0.00001272 support level.\u00a0<\/p>\n

Potential Rebound Levels For Shiba Inu<\/strong><\/h2>\n

Shiba Inu is currently testing key support zones that could serve as potential rebound <\/a>levels. The first major level to watch is $0.00001272, a critical support zone where buyers may attempt to step in and defend against more losses. Should SHIB hold above this level, it would cause a short-term rebound, driving the price toward higher resistance areas.<\/p>\n

However, if selling pressure persists and SHIB closes below $0.00001272, the next key support to monitor is $0.00000847. This level represents a stronger demand zone, where a more significant recovery<\/a> could take place as buyers regain control.\u00a0<\/p>\n

A successful bounce from this area indicates a shift in momentum, providing SHIB the opportunity to recover lost ground. For a sustained bullish reversal, SHIB needs to establish strong support at these levels and reclaim key moving averages to regain investor confidence.<\/p>","protected":false},"excerpt":{"rendered":"

Shiba Inu is under mounting pressure, bringing the key $0.00001272 support level into focus. After multiple failed attempts to reclaim higher levels, sellers have tightened their grip, pushing SHIB toward a potential breakdown.\u00a0 The declining buying interest and growing bearish sentiment suggest that a decisive move below this support could open the door for a […]<\/p>\n","protected":false},"author":0,"featured_media":48644,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-48643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/48643"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48643"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/48643\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/48644"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}