Shiba Inu (SHIB) Price May Reach Previous Low at $0.000010

Sellers may continue dominating SHIB market

Shiba Inu (SHIB) Price Analysis: 01 June

If buyers can push the price over the $0.000015 level, the price might be able to break through the resistance levels of $0.000016 and $0.000018, respectively. If sellers are successful in holding the cryptocurrency, the price may drop below $0.000013 and try to test the support levels of $0.000011 and $0.000010, respectively.

Key Levels:

Resistance Levels: $0.000015, $0.000016, $0.000018

Support Levels: $0.000013, $0.000011, $0.000010

SHIBUSD

Long-term Trend: Bearish

There is a definite bearish reversal indicator on the Shiba Inu daily chart. The SHIB market has been dominated by buyers since April 9. At $0.000015, the price surpassed the threshold. Bullish candlestick patterns frequently indicated that buyers controlled the market. The price surged above $0.000016 because to the bulls’ excitement. After a review at the designated resistance level, the seller’s option was included to the transaction. Near the $0.000016 resistance level, the market is presently showing a clear bearish trend. The price is driven to test $0.000013 by sellers who take control when prices go below the initial threshold.

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The present SHIB cost satisfies the Hull Suite indication. If buyers can push the price over the $0.000015 level, the price might be able to break through the resistance levels of $0.000016 and $0.000018, respectively. If sellers are successful in holding the cryptocurrency, the price may drop below $0.000013 and try to test the support levels of $0.000011 and $0.000010, respectively.

SHIBUSD Price Medium-term Trend: Bearish

Shiba Inus’s four-hour price drop is shown in the pricing chart. Over the past two days, the currency has been purchased and exchanged for over $0.000016. Customers continue to frequent the stores in spite of the price reduction. Before rising beyond 0.000016 once more, the price rose and tested the $0.000015 barrier. The price may drop precipitously when the 4-hour candle closes below $0.000013.

.000010" width="1281" height="546" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/06/4-hours.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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