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Shiba Inu Price Analysis – Who Will Win The Buyer-Seller Battle in SHIBUSD?
The Shiba Inu price forecast reveals a market where sellers dominated since early June. However buyer resurgence is challenging their control as of this week.
Shiba Inu Key Levels
Support Levels: 0.00001180, 0.00001240
Resistance Levels: 0.00001370 0.00001590
The daily chart shows SHIBUSD rebounding from a low of 0.00001180 market level, tested by mid-June, after a decline from around 0.00001770 significant level since early June. Sellers initially drove the price down, testing support at 0.00001370 key level and 0.00001240 significant level. The recent climb toward 0.00001240 market level indicates buyers are gaining traction, with potential to challenge 0.00001378 significant level.
Since early June 2025, sellers pushed SHIBUSD from 0.00001770 significant level to 0.00001181 market level by mid-June, reflecting a bearish trend. A rebound to 0.00001240 key level as of June 27 suggests buyer momentum. A break above 0.00001370 market level could target 0.00001590 key level, but sellers may defend these levels. A drop below 0.00001181 significant level risks further declines.
The Stochastic Oscillator, previously below 20 now in the neutral zone (above 20), indicating growing buyer momentum. The Parabolic SAR dots, once above the price confirming seller control, have shifted below, suggesting a bullish turn on the 1-day chart.
Market Expectation
The 4-hour chart shows SHIBUSD struggling near 0.00001170 significant level, with buyers pushing toward 0.00001240 key level. The Parabolic SAR dots recently flipped above, hinting at ongoing seller resistance. The Stochastic Oscillator in the neutral zone supports buyer efforts, with a move toward 80 favoring a rally to 0.00001370 market level.
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