Shiba Inu (SHIB) Price: Double Bottom Chart Pattern at $0.000011 Zone

Bears’ pressure is reducing

Shiba Inu (SHIB) Price Analysis: 13 April

The price may be able to overcome the resistance levels of $0.000015 and $0.000016, respectively, if buyers can push the price over the $0.000013 level. The price may fall below $0.000012 and attempt to test the support levels of $0.000011 and $0.000010, respectively, if sellers are successful in holding the currency.

Key Levels:

Resistance Levels: $0.000013, $0.000015, $0.000016

Support Levels: $0.000012, $0.000011, $0.000010

SHIBUSD

Long-term Trend: Bearish

The Shiba Inu daily chart has a clear bearish reversal indicator. Since December 8, sellers have controlled the SHIB market. The price crossed the threshold at $0.000020. Often, bearish candlestick patterns showed that the market was dominated by sellers. The bears’ fervor caused the price to drop below $0.000013. The buyer’s selection was incorporated into the transaction following a review at the assigned support level. At the moment, the market is showing a significant downward trend close to the $0.000012 support level. When prices drop below the previously indicated level, sellers take over.

.000011 Zone" width="1281" height="573" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/04/Daily-37.png"/>

The Hull Suite Crypto signals indicator is satisfied by the current SHIB cost. The price may be able to overcome the resistance levels of $0.000015 and $0.000016, respectively, if buyers can push the price over the $0.000013 level. The price may fall below $0.000012 and attempt to test the support levels of $0.000011 and $0.000010, respectively, if sellers are successful in holding the currency.

SHIBUSD Price Medium-term Trend: Bullish

The Shiba Inu price incline during a four-hour period is displayed in the pricing table. The coin has been bought and traded for more than $0.000012 in the last two days. Despite the price cut, customers still visit the stores. The price dropped, tested the $0.000012 mark, and then bounces up at 0.000011. If the 4-hour candle closes below $0.000011, the price could fall sharply.

.000011 Zone" width="1281" height="573" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/04/4-hours-36.png"/> Shiba Inu prices are currently rising as a result of bulls pushing the market higher with a bullish signal on the Hull Suite FX indicator. The QQE MOD also contains an integer that is higher than zero.

Start using a world-class auto trading solution

You can purchase Lucky Block here.  Buy LBLOCK

 

 

[xyz-ihs snippet="Markets"]