Shiba Inu (SHIB) Price: Bullish Reversal Envisaged at $0.000011 Point
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Shiba Inu (SHIB) Price: Bullish Reversal Envisaged at $0.000011 Point

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Azeez Mustapha

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Buyers are warming up to dominate market

Shiba Inu (SHIB) Price Analysis: 05 October

If buyers can push the price over the $0.000012 mark, the price might be able to break through the resistance levels of $0.000013 and $0.000015, respectively. If sellers are successful in holding the cryptocurrency, the price may drop below $0.000011 and try to test the support levels of $0.000010 and $0.000009, respectively.

Key Levels:

Resistance Levels: $0.000012, $0.000013, $0.000015

Support Levels: $0.000011, $0.000010, $0.000009

SHIBUSD

Long-term Trend: Bearish

A definite bearish reversal indicator can be seen on the Shiba Inu daily chart. Sellers have controlled the SHIB market since July 21. At $0.000015, the price crossed the threshold. Bearish candlestick patterns were frequently used to predict market selling power. The bears’ fervor caused the price to fall below $0.000013. $0.000012 was one of the tested points. Following evaluation at the proper level of support, the buyer’s choice was added to the transaction. It is clear that the market is currently trending downward near the $0.000011 barrier level. Sellers take over and push the price till it breaks by $0.000012 after it has surpassed the starting point.

Shiba Inu (SHIB) Price: Bullish Reversal Envisaged at <img fetchpriority=.000011 Point" width="1281" height="571" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/10/Daily-13.png"/>

The present SHIB cost satisfies the Hull Suite indication. If buyers can push the price over the $0.000012 mark, the price might be able to break through the resistance levels of $0.000013 and $0.000015, respectively. If sellers are successful in holding the cryptocurrency, the price may drop below $0.000011 and try to test the support levels of $0.000010 and $0.000009, respectively.

 

SHIBUSD Price Medium-term Trend: Bearish

Shiba Inus’s four-hour price drop is displayed in the pricing chart. Over the past week, the currency has been bought and traded for less than $0.000013. Customers continue to frequent the stores in spite of the price reduction. After rising beyond the $0.000012 barrier, the price falls below it once more. After the 4-hour candle closed above $0.000012, the price tested $0.000013.

Shiba Inu (SHIB) Price: Bullish Reversal Envisaged at <img decoding=.000011 Point" width="1281" height="571" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/10/4-hours-9.png"/> As a result of bears pushing the market lower with a bearish signal on the Hull Suite FX indicator, Shiba Inu prices are currently declining. Additionally, there is an integer less than zero in the QQE MOD.

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