Shiba Inu (SHIB) Price May Reverse at $0.000012 Support Level

Sellers oppose buyers in SHIB market

Shiba Inu (SHIB) Price Analysis: 08 June

The price may be able to overcome the resistance levels of $0.000015 and $0.0000186, respectively, if buyers can push the price over the $0.000013 level. The price may go below $0.000012 and attempt to test the support levels of $0.000011 and $0.000010, respectively, if sellers are successful in holding the cryptocurrency.

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 April 9, buyers have controlled the SHIB market. The price crossed the threshold at $0.000015. Buyer control of the market was often signaled by bullish candlestick patterns. The euphoria of the bulls caused the price to soar above $0.000016. The seller’s option was added to the deal following a review at the specified resistance level. Near the $0.000016 resistance level, the market is presently showing a clear bearish trend. The price is driven to test $0.000012 by sellers who take control when prices go below the initial threshold.

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The Hull Suite indicator is satisfied by the current SHIB cost. The price may be able to overcome the resistance levels of $0.000015 and $0.0000186, respectively, if buyers can push the price over the $0.000013 level. The price may go below $0.000012 and attempt to test the support levels of $0.000011 and $0.000010, respectively, if sellers are successful in holding the cryptocurrency.

SHIBUSD Price Medium-term Trend: Bearish

The pricing chart displays Shiba Inus’s four-hour price decline. The currency has been bought and traded for more than $0.000016 in the last two weeks. Despite the price cut, customers still visit the stores. The price increased and tested the $0.000015 barrier before reaching above 0.000016 again. If the 4-hour candle closes below $0.000012, the price could plummet sharply.

.000012 Support Level" width="1281" height="546" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/06/4-hours-22.png"/> Shiba Inu prices are currently falling as a result of bears pushing the market lower with a bearish signal on the Hull Suite FX indicator. The QQE MOD also contains an integer that is less than zero.

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