NewsBTC
Dec 11, 2025
6 0

Shiba Inu Faces Challenges Without Reclaiming Key Support Level, Expert Warns

A Bitcoin adviser has highlighted a crucial support level for Shiba Inu (SHIB), suggesting it must retake the $0.000014–$0.00001 range to avoid a negative outlook.

Key Insights

  • The token previously surged to $0.000045 after touching this support band in March 2024.
  • Currently, SHIB is trading at approximately $0.000008618, about 33-38% below the critical region.
  • Technical traders fear that failing to reclaim this zone could make further upward movements difficult.

Community and Market Analysis

  • Some community members believe SHIB's recovery depends on a broader altcoin market rebound.
  • Zach Humphries suggests focusing ecosystem initiatives on SHIB and creating a clear roadmap.
  • Bitcoin’s potential rebound to $125,000 or higher could spark renewed interest in meme tokens like SHIB.

Current Price and Future Outlook

  • SHIB has seen a short-term rise of 0.95% in the past 24 hours but is down 4.8% over the last week.
  • Reclaiming the highlighted support area is viewed positively for potential rallies, yet may be challenging.