{"id":89452,"date":"2025-08-19T04:00:46","date_gmt":"2025-08-19T04:00:46","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=89452"},"modified":"2025-08-19T04:00:46","modified_gmt":"2025-08-19T04:00:46","slug":"analyst-says-shiba-inus-0-000010-support-could-trigger-major-bounce","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=89452","title":{"rendered":"Analyst Says Shiba Inu\u2019s $0.000010 Support Could Trigger Major Bounce"},"content":{"rendered":"

According to reports, Shiba Inu<\/a> (SHIB) fell 4.50% in the past 24 hours as the wider market moved sideways. The token\u2019s seven-day retracement likewise sits at 4.50%, and it is down about 35.5% year-to-date while trading outside the top 20 cryptocurrencies by market cap<\/a>. At the time of reporting, SHIB\u2019s market price was $0.00001261.<\/p>\n

Shiba Inu Weekly Support Levels Hold<\/h2>\n

Analyst MMB Trader<\/a> has pointed to two weekly support lines at $0.000010 and $0.000007 that have repeatedly absorbed selling pressure. SHIB dropped to $0.00000714 in July 2022 after an 88% fall from its 2021 peak of $0.00008854, and buyers pushed it back up.<\/p>\n

The popular memecoin came back to that area in June and October 2023 and regained footing. This year, the token revisited around $0.000010 in March, April, and June and bounced each time. Those moves suggest there are price zones where demand has shown up.<\/p>\n\n

Analyst\u2019s Targets And Recent History<\/h2>\n

Based on reports, the analyst laid out a step-up of targets if SHIB clears its descending trendline<\/a>. The first target is $0.00003364, a close to 170% rise from $0.00001249 at the time of reporting.<\/p>\n

The next level is $0.00005480, an increase of approximately 330%, and a distance benchmark at $0.00007716 suggests around 500% increase. SHIB\u2019s own past provides some background: it climbed from $0.00000967 to $0.00004567 on March 5, 2024, on a meme-coin frenzy, and regained to $0.00003343 in December 2024 before again retreating.<\/p>\n

Models also give more modest short-term views; one forecast puts SHIB at $0.00001324<\/a> by September 17, 2025. Big swings have happened here before, but they came with heavy volume and wide attention.<\/p>\n

Market Snapshot And Close<\/p>\n

Current sentiment measures look mixed. The Fear & Greed Index reads 60, which sits in the Greed zone, while technical indicators show a Bearish tilt at the moment. SHIB recorded 14\/30 green days (47%) and roughly 7.02% price volatility over the last 30 days.<\/p>\n

Traders should note that those readings can flip quickly. If weekly support holds and a catalyst pushes volume up, the mood could shift. If those supports fail, the picture could darken fast.<\/p>\n

Meanwhile, volume and on-chain flows will be crucial going forward. A breakout candle that lacks rising volume may not last. Watch exchange inflows and whale transfers because large moves onto exchanges often precede selling.<\/p>\n

Featured image from Meta, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

According to reports, Shiba Inu (SHIB) fell 4.50% in the past 24 hours as the wider market moved sideways. The token\u2019s seven-day retracement likewise sits at 4.50%, and it is down about 35.5% year-to-date while trading outside the top 20 cryptocurrencies by market cap. At the time of reporting, SHIB\u2019s market price was $0.00001261. Shiba […]<\/p>\n","protected":false},"author":0,"featured_media":89453,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89452","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\/89452"}],"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=89452"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/89452\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/89453"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}