Shiba Inu (SHIB) Price Declines Towards $0.000011 Level

Bears’ pressure may break down $0.000011 point

Shiba Inu (SHIB) Price Analysis: 06 April

If buyers can drive the price over the $0.000012 level, 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 currency, 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

There is an obvious bearish reversal indicator on the Shiba Inu daily chart. The SHIB market has been dominated by sellers since December 8. At $0.000020, the price surpassed the threshold. Bearish candlestick patterns frequently indicated that sellers controlled the market. The price fell below $0.000013 due to the bears’ enthusiasm. After a review at the designated support level, the buyer’s choice was included into the transaction. The market is presently displaying a strong downward trend near the $0.000011 support level. Sellers take over when prices fall below the aforementioned threshold.

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The present SHIB cost satisfies the Hull Suite indication. If buyers can drive the price over the $0.000012 level, 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 currency, 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

The pricing table shows the Shiba Inu price drop during a four-hour period. In the past two days, the coin has been purchased and sold for more than $0.000012. Customers continue to frequent the stores in spite of the price reduction. The price fell and tested the $0.000012 threshold before falling again. The price might drop significantly if the 4-hour candle closes below $0.000011.

.000011 Level" width="1281" height="573" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/04/4-hours-14.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 smaller than zero in the QQE MOD.

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