$SHIB SHIB’s price is trading around $0.0000058–$0.0000060, indicating continued weakness and price consolidation.

Recent market activity shows a downward trend overall, with sellers dominating short-term moves. �

CoinMarketCap +1

📊 Price Action & Market Behaviour

The token has experienced pressure near key support zones, with some analysts warning that the price could test lower levels if resistance holds. �

Coinpaper

Exchange data shows SHIB being moved off exchanges, which can reduce available supply and signal long-term holder confidence, though prices remain weak. �

Coinpaper

Technical indicators suggest the market is oversold, meaning some analysts see potential for a short-term bounce if sentiment improves. �

Blockchain News

💡 Short-Term Outlook

A common short-term target mentioned in technical forecasts is around $0.0000085 if key resistance breaks. Support levels noted are around $0.0000058 – $0.0000065. �

Blockchain News

Momentum remains muted and volatility is typical for SHIB, especially in meme token markets.

📌 Longer Term & Ecosystem Factors

Analysts and price models differ widely on SHIB’s long-term prospects. Some forecasts point to gradual gradual gains by the end of 2026, while others highlight structural challenges. �

Cryptopolitan

SHIB’s ecosystem developments, like the Shibarium L2 network and upcoming upgrades, are part of bullish theses that could influence adoption and demand. �

AInvest

Challenges include huge total supply and strong competition in the crypto space. �

CryptoTicker

🧠 Summary

At the moment, Shiba Inu is in a weak