Shiba Inu (SHIB) Price Is Decreasing Further Below $0.000012

Sellers’ momentum is increasing in SHIB market

Shiba Inu (SHIB) Price Analysis: 09 March

If buyers can push Shiba Inu over the $0.000012 level, the price might be able to break through the resistance levels of $0.000013 and $0.000014, 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, $0.000014

Support Levels: $0.000011, $0.000010, $0.000009

SHIBUSD

Long-term Trend: Bearish

A bearish reversal indicator can be visible 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 were now in control of the market. The price seems to be falling below $0.000013 due to the bears’ zeal. Following an evaluation at the specified resistance level, the buyer’s decision was not followed in the transaction. The market is currently exhibiting a strong bearish momentum at the $0.000012 support level, and sellers assume control when the price falls below the the just mentioned barrier.

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The present SHIB cost satisfies the Hull Suite crypto signals indication. If buyers can push the price over the $0.000012 level, the price might be able to break through the resistance levels of $0.000013 and $0.000014, 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 decline over a four-hour period. Over the past two days, less than $0.000013 worth of currency has been purchased and exchanged. Customers continue to frequent the stores in spite of the price declination. The price fell and tested the $0.000012 barrier. The price may decrease significantly if the 4-hour candle closes below $0.000011.

.000012" width="1281" height="573" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/03/4-hours-22.png"/> Because bears are driving the market lower with a bearish signal on the Hull Suite FX indicator, Shiba Inu prices are currently falling. Additionally, there is an integer lower than zero in the QQE MOD.

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