Shiba Inu Faces Sharp Decline as Market Volatility Deepens

Shiba Inu has dropped below a key support level of $0.000010, confirming a structural breakdown amid renewed market volatility.

The token’s bearish trajectory reflects both macroeconomic headwinds and the absence of strong fundamental support.

Technical indicators show oversold conditions, but historical patterns suggest recovery may remain limited without renewed speculative demand.

Shiba Inu has emerged as one of the hardest-hit cryptocurrencies after Friday’s flash crash rattled the digital asset market. The token’s value fell to its lowest level in years as mounting macroeconomic pressures and renewed tariff disputes weighed heavily on risk assets.

The ongoing U.S. tariff war has heightened global uncertainty, prompting investors to retreat from speculative assets. Consequently, cryptocurrencies that once thrived on retail enthusiasm, including Shiba Inu, have seen steep corrections. The SHIB/USDT pair broke through the crucial $0.000010 psychological support, confirming a decisive fall below its multi-month consolidation pattern.

Technical Breakdown Signals Extended Bearish Trend

The latest market movement reveals a clear technical breakdown. After months of narrowing volatility, SHIB’s structure gave way, leading to accelerated selling and widespread liquidations. The 200-day moving average has started to slope downward, reflecting a prolonged bearish trend. Meanwhile, the Relative Strength Index has dropped to around 30, suggesting oversold conditions, though similar patterns in the past have failed to trigger lasting recoveries.

Source: TradingView

Beyond macroeconomic factors, Shiba Inu’s decline highlights its structural vulnerabilities. Unlike Bitcoin and Ethereum, which have benefited from institutional engagement and utility-driven growth, SHIB remains largely speculative. Its limited real-world application and absence of strong ecosystem support have amplified selling pressure, leaving little cushion against the broader market correction.

Next Support Zone Nears as Market Sentiment Weakens

If sentiment continues to deteriorate, analysts expect the next major support area around $0.000008 to be tested. The latest price action indicates a complete loss of bullish momentum, with no significant signs of recovery. Market participants are closely watching whether renewed liquidity or new catalysts can stabilize the token in the coming weeks.

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