Shiba Inu (SHIB) Price Pulls Back to Retest $0.000012

Bullish movement may continue after a Retracement

Shiba Inu (SHIB) Price Analysis: 04 May

If buyers can push the price over the $0.000013 level, the price might be able to break through the resistance levels of $0.000015 and $0.000016, respectively. If sellers are successful in holding the currency, the price may drop below $0.000012 and try to test the support levels of $0.000011 and $0.000010, respectively

Key Levels:

Resistance Levels: $0.000013, $0.000015, $0.000016

Support Levels: $0.000012, $0.000011, $0.000010

SHIBUSD

Long-term Trend: Bullish

There is a definite bullish reversal indicator 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 controlled the market. The price fell below $0.000013 due to the bears’ enthusiasm. After a review at the designated support level, the buyer’s choice was included into the transaction. The market is currently showing a clear upward reversal trend near the $0.000012 support level. Buyers take control when prices rise above the first set threshold.

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The present SHIB cost satisfies the Hull Suite indication. If buyers can push the price over the $0.000013 level, the price might be able to break through the resistance levels of $0.000015 and $0.000016, respectively. If sellers are successful in holding the currency, the price may drop below $0.000012 and try to test the support levels of $0.000011 and $0.000010, respectively.

 

SHIBUSD Price Medium-term Trend: Bearish

The pricing table shows the Shiba Inu price decrease during a four-hour period. Over the past two days, the currency has been purchased and exchanged for over $0.000012. Customers continue to frequent the stores in spite of the price reduction. Before rising again at 0.000011, the price fell and tested the $0.000012 threshold. The price may increase significantly if the 4-hour candle closes above $0.000013.

.000012" width="1281" height="573" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/05/4-hours-6.png"/> Bulls are driving the market higher with a positive signal on the Hull Suite FX indicator, which is why Shiba Inu prices are currently rising. Additionally, there is an integer greater than zero in the QQE MOD.

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