Shiba Inu (SHIB) Price May Retest Previous Low at $0.000013

Sellers still hold onto SHIB market

Shiba Inu (SHIB) Price Analysis: 09 February

If buyers can push the price over the $0.000016 level, the price might be able to break through the resistance levels of $0.000018 and $0.000020, respectively. If sellers are successful in holding the currency, the price may drop below $0.000015 and try to test the support levels of $0.000013 and $0.000012, respectively

Key Levels:

Resistance Levels: $0.000016, $0.000018, $0.000020

Support Levels: $0.000015, $0.000013, $0.000012

SHIBUSD

Long-term Trend: Bearish

A bearish reversal indicator is currently visible on the Shiba Inu daily chart. Since December 8, sellers have controlled the SHIB market. The price crossed the threshold at $0.000020. Often, bearish candlestick patterns indicated that the market was now dominated by sellers. The bears’ fervor seems to be causing the price to drop below $0.000020. Following an evaluation at the designated resistance level, the buyer’s decision was not followed in the transaction. When the price falls below the $0.000016 barrier, sellers take control of the market. It is currently making an effort to break through the $0.000015 support level.

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The present SHIB cost satisfies the Hull Suite forex signals indication. If buyers can push the price over the $0.000016 level, the price might be able to break through the resistance levels of $0.000018 and $0.000020, respectively. If sellers are successful in holding the currency, the price may drop below $0.000015 and try to test the support levels of $0.000013 and $0.000012, respectively.

SHIBUSD Price Medium-term Trend: Bearish

The pricing table shows the Shiba Inu drop over a four-hour period. Over the past two days, less than $0.000018 worth of currency has been purchased and exchanged. Customers continue to frequent the stores in spite of the price cut. The price fell and tested the $0.000015 barrier before breaking through. The price may decline much further if the 4-hour candle closes below $0.000016.

.000013" width="1281" height="573" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/02/4-hours-21.png"/> As a result of bears pushing the market lower with a negative signal on the Hull Suite FX indicator, Shiba Inu prices are currently falling. Additionally, there is an integer smaller than zero in the QQE MOD.

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